Debt Recovery

Our charges set out below apply to the recovery of debts.  Our charges are based upon the time spent, which is charged at £220 per hour plus VAT (March 2020).

A debt recovery claim normally involves the following steps:

Initial Steps

  • Taking your instructions and reviewing documentation.
  • Undertaking appropriate searches.
  • Sending a Letter Before Action.
  • Receiving payment and sending on to you.

 If the Debt is not paid

We will advise you on what steps to take and we will give you a range of likely estimated costs (including details of Court Fees) for:

  • Drafting and issuing a claim.
  • Where no Acknowledgement of Service or Defence is received applying to the Court to enter Judgement in Default.
  • Where Judgement in Default is received writing to the Debtor to request payment.
  • Enforce the Judgement.

If the Debt is contested

At this stage we will advise you on what steps to take and we will give you a range of likely estimated costs (including details of further Court Fees) for:

  • Preparing and serving a list of relevant documents on the Defendant and filing the same with the Court.
  • Preparing, serving and filing witness statements.
  • Obtaining any necessary expert evidence.
  • Preparing for the Trial.
  • Enforcing any Judgement.

Generally debt collection work is dealt with by Mr Cox, a Solicitor with over 30 years experience.  If the work is undertaken by another Fee Earner we will notify you accordingly.

In addition to our charges, there will be disbursements payable to third parties.  The Court Fees for issuing a claim vary depending on the amount of the claim and are detailed below, other disbursements that may be incurred, depending on the circumstances and complexity of your case, will include fees for Company Searches, feeing for tracing a debtor and Counsel’s fees for attending Court Hearings.

 Court Fees

  • For Court Fees up to £5,000.00 please click on the following link: https://www.moneyclaimsuk.co.uk/pdfforms/ex50.pdf
  • A Court Fee for a debt of more than £5,000.00 but less than £10,000.00 will be £455.00.
  • A Court Fee for a debt with a value of more than £10,000.00 but less than £200.000.00 will be 5% of the value of the claim.
  • For debts over £200,000.00 the Court Fee will be £10,000.00
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contact

FARNBOROUGH OFFICE:

T: 01252 541633

E: law@dbande.co.uk

YATELEY OFFICE:

T: 01252 872617

E: yateley@dbande.co.uk

MILITARY EMERGENCY | 
24HR POLICE STATION:

07973 408686

 

Contact Us

Farnborough Office

Tel: 01252 541633

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Yateley Office

Tel: 01252 872617

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Davies Blunden & Evans (SRA Number 00280516) 
is authorised and regulated by the solicitors regulation authority.     

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