| Stages of Recovery |
Fixed Fees (plus VAT) |
Charges on Recovery |
| Upon receipt of your initial instructions this firm will send a letter before action to the debtor. This will be payable in all instances irrespective of whether any money is recovered. |
£15.00
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Upon recovery of a payment, the charges will be calculated at 8% of the sum recovered up to a maximum charge of £80.00 plus VAT. |
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In the event that we are instructed to issue court proceedings it will be necessary to pay the court a claim fee which is added to the debt. The court fees (a disbursement) are dependent on the size of your claim and are as follows:-
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Court Fees (Disbursements)
| Lower limit |
Upper limit |
Amount |
| £0.00 |
£300.00 |
£35.00 |
| £300.01 |
£500.00 |
£50.00 |
| £500.01 |
£1,000.000 |
£70.00 |
| £1,000.01 |
£1,500.00 |
£80.00 |
| £1,500.01 |
£3,000.00 |
£115.00 |
| £3,000.01 |
£5,000.00 |
£205.00 |
| £5,000.01 |
£10,000.00 |
£455.00 |
| £10,000.01 |
£200,000.00 |
5% of the value of the claim |
| £200,000.01 |
And above |
£10,000 |
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These fees are payable by the debtor (unless adjudged otherwise by the court), but are payable by you in the first instance. |
| In the event that we are instructed to issue court proceedings including enforcement proceedings (see 7 below) the following charges for our work involved will apply, irrespective of any money being recovered. On matters up to the sum of £1,000.00. |
£30.00
|
Upon payment by the debtor we will also charge 8% of the debt recovered, in addition we will also retain any fixed costs which are recovered from the debtor. |
| On matters from £1,000.00 up to the sum of £5,000.00. |
£50.00
|
Upon payment by the debtor we will also charge 8% of the debt recovered in addition we will also retain any fixed costs which are recovered from the debtor. |
| On matters from £5,000.00 up to the sum of £20,000.00 |
£100.00
|
Upon payment by the debtor we will also charge 8% of the first £10,000.00 recovered plus 2% of any of the debt recovered over and above £10,000.00, in addition we will also retain any fixed costs which are recovered from the debtor. |
| On matters from £20,000.00 and upwards |
£150.00
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Upon payment by the debtor being received, we will Charge 8% of the first £10,000.00 recovered and will also charge 3.5% of the any sums recovered between £10,000.00 and £20,000.00 plus 2% of any sum recovered over and above £20,000.00, in addition we will also retain any fixed costs which are recovered from the debtor.
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