Fees for a business to business debt that is undisputed

These costs apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs. We can provide advice on disputed invoices but these charges are usually calculated on a time spent basis. We can also offer ‘no win no fee’ arrangements in certain situations.

 

Our Charges

Pre-action letter: £530 – £795 + VAT
Claim form: £265 – £795 + VAT
Statutory demand: £750 + VAT
It is not always possible to claim these fees from the debtor.

Disbursements

These could include:
£100+VAT to pay for a process server to serve the statutory demand
Court fees (usually 5% of the sum claimed, up to a maximum of £10,000) 

 

Our Charges include

  • Taking your instructions and reviewing documentation
  • Undertaking appropriate searches
  • Sending a letter before action
  • Receiving payment and sending onto you, or if the debt is not paid but not disputed, drafting and issuing a claim
  • Where no acknowledgement of service or defence is received, applying to the court to enter judgment in default
  • When judgment in default is received, writing to the other side to request payment
  • If payment is not received within 30 days, providing you with advice on next steps and likely costs

Timing

Matters usually take 8-12 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim. This is on the basis that the other side pays promptly on receipt of judgment in default. If enforcement action is needed, the matter will take longer to resolve.

 

Exclusions

The above fees do not include:

  1. Disputed or contested claims
  2. Taking enforcement action
  3. Instructing a bailiff
  4. Dealing with any appeals as to the outcome of the judgment.

The fee earners that could assist you with this are: 

Anna Harvey – Partner 

Heidi Berry– Director Legal Services 

Claire Berry – Lawyer 

Nina Gilroy – Paralegal 

To view our complaints procedure – click here

All Legal Services are provided by Price Bailey Legal Services LLP. For information about our regulatory status, see www.pricebailey.co.uk/legal

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