The charges set out below are applicable if the debt is undisputed. We will charge on a time basis with the work being carried out by a Grade A Solicitor (over 12 years since qualification).
The hourly rate charged by the Grade A will be £365. The service provided covers sending a Pre-Action Letter; complying with the Civil Procedure Rules and if it is then necessary, issuing proceedings online for the Court to serve (the court fee is 4.5% of the sum claimed); entering Judgment in default; instructing bailiffs.
For undisputed debts up to £10,000 we will cap our fees at a maximum of £750 plus VAT.
For undisputed debts over £10,000 and up to £50,000 we will cap our fees at a maximum of £2,250 plus VAT.
For undisputed debts over £50,000 up to £100,000 we will cap our fees at £3,500 plus VAT.
If a debt is disputed we will advise and provide an estimate of fees. Our services will not include any form of enforcement other than instructing bailiffs. We will provide quotations for other forms of enforcement such as applying for a charging order, serving a statutory demand, issuing a bankruptcy petition or a winding up petition on a time basis.