Debt Recovery - Price ListENG

Overview

Whether you are a sole trader or a corporate entity, have just one debt owing to you or a number of debts, our consultants can review and advise as to the best course of recovery.  This includes recognising where continuing business relationships need to be maintained between you and the client / customer who owes the debt.  Non-payment of a debt does not always need to result in court action, we will always look to achieve the best practical and effective solutions in the first instance.

Here at nexa law we can also review your terms of business, invoicing and credit control procedures to help you reduce your debt, thereby improving cash flow.  Sometimes, all it takes are  a few small tweaks here and there to achieve this.  Our consultants would be happy to discuss this with you and provide any training required.

Our debt recovery services include:

  • Reviewing documents
  • Training
  • Initial pre-litigation letters
  • Negotiations
  • County Court matters:- drafting claims, defending claims and counterclaims, applications, hearing representation, obtaining judgments and enforcing judgments.
  • Property Tribunal matters including applications and hearing representation.

Our consultants can either fully represent you through the process, or provide support, advice and any drafting if you would prefer to run matters in your own name, with us as back up at a reduced cost.

Please see our cost estimates below, more specific costs will be provided upon receipt and review of the dispute, the issues raised, volume of documents involved and communications between the parties.

Disbursements: (County Court)

Court Issue Fee £25 to 5% of value of claim

Small Claims Track Hearing Fee £25-£335

Fast Track Hearing Fee £545

Full details of the County Court Fees are details in the EX50 Form, which can be found here: https://assets.publishing.service.gov.uk

Further disbursements may be payable, such as advocacy and tracing fees.  Our specialists will be able to provide further details as your case progresses.

The cost estimates do not include counter claims, applications, appeals, cost assessments and other such court or tribunal procedures.  These are dealt with on a case by case basis.

Please contact us to discuss a proposed quote as preferential rates may be available to you.

Key Stages & Timescales:

The time the work will take depends on a variety of factors for example depending on the Pre-Action Protocols set by the Civil Procedure Rules, some initial letters can be followed up after 7 days, some not for 30 days, such as those sent to individuals.  We can advise you as to the same upon instruction.

Where a claim is issued and it is undisputed, Judgement in Default can usually be entered within a month of the Claim being issued.

Where a claim is disputed, depending on the courts timetabling and the conduct of the parties, it may take up to 6 months from the date of the issuing on the claim for a final hearing to be listed in a Small Claims Track matter (where the value of the claim is less than £10,000.00) and between 6-12 months in a Fast Track matter (where the value of the claim is more than £10,000.00).  This is due to additional work being required in the preparation of a Fast Track matter.

Services

Service Price
Reviewing Terms of Business; Invoices and Invoicing; and Credit Control Procedure£200.00-£500.00 plus VAT at 20% £200.00 Excluding VAT
Training for Half - Full Day£500.00-£750.00 £500.00 Excluding VAT
Taking instructions, reviewing documents and advisingDebt Recovery (undisputed) £200.00-£500.00 £200.00 Excluding VAT
Initial LetterDebt Recovery (undisputed) £100.00 Excluding VAT
Follow up letter (where appropriate)Debt Recovery (undisputed) £75.00 Excluding VAT
Drafting and issuing a claimDebt Recovery (undisputed) £80.00-£200.00 £80.00 Including VAT
Requesting JudgementDebt Recovery (undisputed) £22.00-£85.00 £22.00 Including VAT
Taking instructions, reviewing documents and advisingDebt Recovery (disputed) £200.00-£500.00 £200.00 Excluding VAT
Initial LetterDebt Recovery (disputed) £100.00 Excluding VAT
Follow up letter (where appropriate)Debt Recovery (disputed) £75.00 Including VAT
Dealing with pre-litigation disputeDebt Recovery (disputed) £200.00 per hour £200.00 Excluding VAT
Drafting and issuing a claimDebt Recovery (disputed) £80.00-£200.00 £80.00 Excluding VAT
Small claims track dispute to conclusionDebt Recovery (disputed) £1,000.00-£3,500.00 £1,000.00 Excluding VAT
Fast Track dispute to conclusion FaDebt Recovery (disputed) £1,000.00-£5,000.00 £100.00 Excluding VAT
Receiving, reviewing and advising on a dispute£200.00-£800.00 £200.00 Excluding VAT
Property TribunalDebt Recovery (disputed) £1,000.00-£10,000.00 £1,000.00 Excluding VAT

Disbursements

Reviewing Terms of Business; Invoices and Invoicing; and Credit Control Procedure

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim £100.00 plus VAT at 20% £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 plus VAT £25.00 Including VAT
Fast Track Hearing FeePlus VAT £545.00 Excluding VAT

Training for Half - Full Day

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Taking instructions, reviewing documents and advising

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Initial Letter

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Follow up letter (where appropriate)

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Drafting and issuing a claim

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Requesting Judgement

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Taking instructions, reviewing documents and advising

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Initial Letter

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Follow up letter (where appropriate)

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Dealing with pre-litigation dispute

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Drafting and issuing a claim

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Small claims track dispute to conclusion

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT
Small claims track dispute to conclusion - To be discussed £1,000.00 – £3,000.00 Excluding VAT

Fast Track dispute to conclusion Fa

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Receiving, reviewing and advising on a dispute

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Property Tribunal

Disbursement Price
Court Issue Fee£25.00 to 5% of the value of the claim£100.00 £25.00 Including VAT
Small Claims Track Hearing Fee£25.00-£335.00 £25.00 Including VAT
Fast Track Hearing Fee £545.00 Including VAT

Key Stages and Timescales

Reviewing Terms of Business; Invoices and Invoicing; and Credit Control Procedure

Key Stage Timescale
Reviewing Terms of Business, Invoices, Invoicing and Credit Control - To be discussed 0 – 1 week(s)

Training for Half - Full Day

Key Stage Timescale
Training for Half a Day - To be discussed 0 – 1 week(s)

Taking instructions, reviewing documents and advising

Key Stage Timescale
Taking instructions, reviewing documents and advising - To be discussed 0 – 1 week(s)

Initial Letter

Key Stage Timescale
Initial Letter - To be discussed 0 – 1 week(s)

Follow up letter (where appropriate)

Key Stage Timescale
Follow up Letter - To be discussed 0 – 1 week(s)

Drafting and issuing a claim

Key Stage Timescale
Drafting and issuing a claim - To be discussed 0 – 1 week(s)

Requesting Judgement

Key Stage Timescale
Requesting Judgment - To be discussed 0 – 1 week(s)

Taking instructions, reviewing documents and advising

Key Stage Timescale
Taking instructions on a disputed matter - To be discussed 0 – 1 week(s)

Initial Letter

Key Stage Timescale
Initial Letter - Disputed - To be discussed 0 – 1 week(s)

Follow up letter (where appropriate)

Key Stage Timescale
Follow up letter where appropriate on a dispute - To be discussed 0 – 1 week(s)

Dealing with pre-litigation dispute

Key Stage Timescale
Dealing with pre-litigation dispute - To be discussed 0 – 1 week(s)

Drafting and issuing a claim

Key Stage Timescale
Drafting and issuing a claim - To be discussed 0 – 1 week(s)

Small claims track dispute to conclusion

Key Stage Timescale
Small claims track dispute to conclusion - To be discussed 0 – 1 week(s)

Fast Track dispute to conclusion Fa

Key Stage Timescale
Fast track dispute to conclusion - To be discussed 0 – 1 week(s)

Receiving, reviewing and advising on a dispute

Key Stage Timescale
Receiving, reviewing and advising on dispute - To be discussed 0 – 1 week(s)

Property Tribunal

Key Stage Timescale
Property Tribunal - To be discussed 0 – 1 week(s)

Professionals

Daniel Jenkins

Consultant Solicitor

Qualification Educational Institution
Solicitor Qualified in 2015
Areas of Law Practiced Experience Time Spent
Debt Recovery 4 year(s) 40%
Civil & Commercial Litigator 4 year(s) 30%
Construction Law 4 year(s) 30%

Lauren Bailey

Litigation Specialist

Qualification Educational Institution
CILEx Qualified in 2016
Areas of Law Practiced Experience Time Spent
Debt Recovery 5 year(s) 100%

Steven Mather

Consultant Solicitor

Qualification Educational Institution
Solicitor Qualified in 2008
Areas of Law Practiced Experience Time Spent
Disputes & Litigation inc Employment 12 year(s) 100%

Elizabeth Matfin

Consultant Solicitor

Qualification Educational Institution
Solicitor Qualified in 2002
Areas of Law Practiced Experience Time Spent
Debt Recovery 19 year(s) 20%
Family Law 19 year(s) 80%

Jarred Bold

Consultant Solicitor

Qualification Educational Institution
Solicitor Qualified in 2005
Areas of Law Practiced Experience Time Spent
Debt Recovery 16 year(s) 20%
Dispute Resolution 16 year(s) 20%
Personal Injury 16 year(s) 20%
Employment 16 year(s) 20%
Insolvency 16 year(s) 20%