Debt Recovery: Pricing Structure & Policy

Please see below, current pricing for our debt recovery services.


County Court Proceedings

Cost

Stage 1 – Pre-legal

Our fees

  • £0.00 – £100,000: Charged on a commission basis between 5% – 15%.

Stage 2 – Proceedings

Our fees

  • £0.00 – £100,000: Charged on fixed fee basis between £75 – £600.

Disbursements

Court Fees

  • Up to £300 = £35
  • £300.01-£500 = £50
  • £500.01-£1000 = £70
  • £1000.01-£1500 = £80
  • £1500.01-£3000 = £115
  • 3000.01-£5000 = £205
  • £5000.01-£10000 = £455
  • £10000.01-£200000 = 5% of value Claimed

Assumptions

The fee range is conditional on the below assumptions:

  1. We have all the documents and you will co-operate with the provision of further information;
  2. Your debtor is correctly identified and his whereabouts are known;
  3. The debts are not subject to substantive dispute and/or set off or counterclaims.

What we will do for you

  • Stage 1 – Pre-Legal: 1 – 4 weeks
  • Stage 2 – Proceedings: 2 – 5 weeks
  • Insolvency proceeding: 1 – 8 weeks

Optional Extras / Exclusions

  • Advice and preparation in relation to any substantive dispute;
  • Advice and preparation in relation to a defended claim
  • Advice and preparation in relation to any injunction proceedings which could be brought against you;
  • Advice and preparation in relation to the provision of security;
  • The collection and accounting to you of monthly installments for a period in excess of six months.

Insolvency Proceedings

Stage 1 – Bankruptcy

Our fees

£150 – £3,000.

Disbursements

  • £280 – Petition fee
  • £990 – OR Deposit
  • £85 – Process server fee
  • £110 – Advocate’s fee

Stage 2 – Winding-up Proceedings

Our fees

  • £150 – £3,000.

Disbursements

  • £280 – petition fee
  • £1600 – OR Deposit
  • £85 – Process Server Fee
  • C.£90 – Advertisement Fee
  • £85 – Counsel’s Fee

Extra Disbursements

  • £10 – £20 Identity verification search (per person/company)
The above costs will incur VAT at the prevailing rate
The above time frames are estimates and can be affected by a number of factors
The above services are at an additional cost

Why Choose Lupton Fawcett?

Having advised and supported many local families, individuals and businesses, we are proud to offer clients a dedicated service from specialist solicitors who are experts in their field:

We're Award Winning

We were awarded the Legal 500 HR/Employment Law team of the year in 2017

We're Connected

We're connected to the people, businesses and infrastructure throughout Yorkshire

We Put You First

You can be sure to expect superb client service from us. Our clients are our priority

We're accredited

Recognised by leading Legal Directories Chambers & Partners and the Legal 500

Get In Touch Today!

Get In Touch Today!

Please complete this form to make an enquiry and we will get back to you as soon as we can.

Remember you can still call us on 0333 323 5292 or email us at law@luptonfawcett.law

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