Fee and Service Information for Debt Recovery actions

Please let us know if you need this information in large print or have any other specific needs and we will do our best to assist.

Introduction

Thank you for considering Kitson & Trotman for your debt recovery proceedings.  Below, we set out some pricing and other information about the process for debt recovery. The information explains the relevant process and the likely timescales so you are aware of the progress of your matter.  If you have any queries, please do let us know. 

This information applies to businesses with a potential debt recovery requirement of up to the value of £100,000 although we are happy to discuss your specific needs and provide a tailored work plan with cost estimate in relation to other debt recovery, such as, for example, where you or your debtor are not based in England or Wales or if the debt was transacted overseas or the debtor’s assets are held overseas or in another jurisdiction. 

You are welcome to look at the Legal Choices website which aims to help consumers understand legal costs and assist them in choosing the right lawyer for their needs https://www.legalchoices.org.uk/ We hope you will choose our firm and promise you a dedicated personal and efficient service.

Our advisers

Our work is carried out by a qualified lawyer supported by trained support staff.  Please see https://kitsonandtrotman.co.uk/about-us for details of our specialist legal professionals.  Our website also has details of the other services we offer under the ‘Services’ tab’ and also our offices and contact details.

The Debt Recovery Team is led by Shan Hounsell, a Solicitor in the firm who specialises in this area as well as Dispute Resolution/Litigation.

Complaints

We want to give you the best possible service.  If, however, at any point you become unhappy or concerned about the service we have provided, please inform us immediately so that we can do our best to resolve the problem.

In the first instance it may be helpful to contact the person who is working on your case to discuss your concerns and we will do our best to resolve any issues at this stage. If you would like to make a formal complaint, then you can read our full complaints procedure by clicking this linkhttp://kitsonandtrotman.co.uk/complaints-procedure. Making a complaint will not affect how we handle your case. 

We will always attempt to resolve any complaints, but where this is not possible, complaints and redress mechanisms are provided through the Solicitors Regulation Authority and the Legal Ombudsman. Details of what type is complaint each body can address and how and when to contact these bodies are given on the same link but please contact us if you would like any further help on this matter.

Key stages of the process and timescales

The precise stages involved in the debt recovery process vary according to the circumstances. Some key stages may include: 

How much does this service cost?

There are two main elements to the cost: -

In addition, VAT may be payable on top of the fees at the relevant rate.  VAT on our fees is 20%. Rates are as at 6thDecember 2018 and may be subject to change. 

Our Fees

Hourly rates: -

Our hourly rates are: -

Solicitor                                                                                 £225.00 + VAT

Trainee Solicitors/Paralegals and other fee earners               £130.00 + VAT

Fixed fees: -

We are happy to agree a fixed fee for straight forward undisputed claims once we have full details of the claim. 

Court fees: -

Court fees on Issue of Claim

Sum Claimed

Court Fee

Up to £300

£35.00

£300 - £500

£50.00

£500 - £1,000

£70.00

£1,000 - £1,500

£80.00

£1,500 - £3,000

£115.00

£3,000- £5,000

£205.00

£5,000- £10,000

£455.00

£10,000 - £100,000

5% OF THE VALUE OF THE CLAIM

Obtaining a County Court Judgment

nil

Please let us know if you would like any further information or wish to speak to us about your particular needs

Once a County Court Judgment is obtained against the debtor, enforcement action can be taken. 

We will: -

Court fees for enforcement 

Work Undertaken

Court Fee

Application to obtain information from a judgment debtor

£55.00

Application to request bailiff service of the order to obtain information from a judgment debtor

£110.00

Application for an attachment of earnings order

£110.00

Request for Warrant of Control

£77

Application for a Charging Order

£110

Application for a Third Party Debt Order

£110

You may consider making a company insolvent or an individual bankrupt to recover the amount outstanding. 

We will: -

If payment is not received: -

Court fees

Work Undertaken

Court fee

Drafting and serving Statutory Demand

nil

Drafting and issuing a bankruptcy petition

£280.00 (+ deposit of £750.00)

Drafting and issuing a winding up petition

£280.00 (+ deposit of £1,250.00)

 
The Champions
Beaminster, Dorset DT8 3AN
Mon-Thurs 9am - 5:30pm / Fri 9am - 5pm
t: 01308 862313
f: 01308 862033
e: beaminster@ktlaw.co.uk
9 Chancery Lane
Bridport, Dorset DT6 3PX
Mon-Thurs 9am - 5:30pm / Fri 9am - 5pm
t: 01308 427436
f: 01308 420335
e: bridport@ktlaw.co.uk
57/58 Broad Street
Lyme Regis, Dorset DT7 3QF
Mon-Thurs 9am - 5:30pm / Fri 9am - 5pm
t: 01297 442580
f: 01297 444810
e: lymeregis@ktlaw.co.uk
5 St Albans Chambers
St Alban Street, Weymouth, Dorset DT4 8PY
Mon-Thurs 9am - 5:30pm / Fri 9am - 5pm
t: 01305 341400
f: 01305 767644
e: s.jones@ktlaw.co.uk / jjudkins@ktlaw.co.uk
 

Authorised and regulated by the Solicitors Regulation Authority (SRA number 634822)
Kitson & Trotman Est. 1756