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Business to Business Debt – Enforcement Action

Type of Service: Business to Business Debt – Enforcement Action if a Judgment had been obtained

 

Type of fee: Agreed/Fixed Fee/Hourly Rate

 

(Varies on complexity of the case)

 

Costs:

 

Enforcement Action  

Court Fee

Our Fee (excl. VAT)*

 

Statutory demand

Debt/judgment over £750

 

None

 

£300- £1,000  

 

Winding Up petition

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

£1,500.00 - £10,000

 

Winding Up order

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

£2,500.00 - £15,000

 

Third party debt order

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

£3000.00

 

Execution Against Goods

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

£500 - £2,000

Charging Order

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

£1,000 - £3,000

 

Who will carry out the work?

 

  • Director assisted by solicitor
  • Solicitor/Director assisted by a paralegal

 

All work supervised by a Director, who retains ultimate responsibility and conduct of matters

 

Hourly Rates: 

 

  • Director - £240 - £300 plus VAT
  • Solicitor - £160 - £185 plus VAT
  • Trainee Solicitor - £120 plus VAT
  • Paralegal-  £80-£100 plus VAT

 

On average, this type of work entails from 5 to 40 hours of work .

 

The exact number of hours it will take depends on the circumstances in your case. Factors that may affect the hours can be:

 

  • The amount of supporting evidence that we need to consider
  • Opponent’s conduct throughout
  • Number of Parties
  • Historical background
  • Unforeseen applications
  • Unforeseen complexities that may arise 
  • The amount of supporting evidence that we need to consider
  • Lack of co –operation from the opponent
  • Jurisdictions of parties (should a defendant live outside the jurisdiction we would have to revisit costs estimates dependant on the country in question).
  • Complications relating to service
  • Investigations on assets and or asset trace
  • Language barriers or translations

 

*please note that these costs ONLY relate to enforcement action on judgments.

 

What services are included in this?

 

  • Initial attendance and consideration of the options and assessing most appropriate  way forward based on client’s  circumstances;
  • Advising you on next steps on how to proceed 
  • Reviewing documentation advising on the same
  • Undertaking appropriate searches
  • Sending a preliminary communication relating to enfacement. 

 

The costs quoted here do not include:

 

  • Court Fees such as Issue Fees. . Find updated list of Court fees
  • Disbursements such as Barristers fees, experts fees, search fees etc
  • Enforcement action fees such as High Court Enforcement Office, bailiffs fees, land registry fees, Process server fees, asset trace company fees etc
  • The matter becoming complex requiring the fee quote unviable for the action to continue.   

 

We will let you know at the earliest opportunity and before any such fees are incurred by yourself, if any of these are applicable.


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