These costs apply to business-to-business debt recovery matters where your claim is in relation to an unpaid invoice which is not disputed and where enforcement action is not needed.
If your opponent disputes your claim at any point, the costs beyond the First Stage (set out below) will not apply and we will discuss any further work required and provide you with revised advice about costs. It is likely that on-going costs in a disputed action would be charged on an hourly rate basis.
|Debt Value||First Stage||Second Stage||Court Fee||Total|
|Our fee (incl. VAT) for Pre-Action (to include sending letter before action, considering response and follow up correspondence)||Our fee (incl. VAT) for preparing the claim for issue in the CCMCC and requesting Judgment in Default|
|Up to £300||£315 (£52.50 VAT)||£315 (£52.50 VAT)||£35||£665|
|£301-£500||£315 (£52.50 VAT)||£315 (£52.50 VAT)||£50||£680|
|£501-£1000||£315 (£52.50 VAT)||£315 (£52.50 VAT)||£70||£400|
|£1001-£1500||£315 (£52.50 VAT)||£315 (£52.50 VAT)||£80||£410|
|£1501-£3000||£450 (£75 VAT)||£450 (£75 VAT)||£115||£1,015|
|£3001-£5000||£450 (£75 VAT)||£450 (£75 VAT)||£205||£1,105|
|£5,001 – £10,000||£600 (£100 VAT)||£600 (£100 VAT)||£455||£1,655|
|£10,001 – £50,000||20% value of the claim plus VAT||5% value of the claim||TBC depending on value of the claim.|
Anyone wishing to proceed with a claim should note that:
Our fee includes:
Undisputed debt claims usually take 12-16 weeks from receipt of instructions from you to receipt of Judgment in Default (depending on how quickly you revert with further instructions following completion of the Pre-Action stage and depending on how busy the Court is). This is on the basis that your opponent pays promptly on receipt of Judgment in default. If enforcement action is needed, the matter will take longer to resolve.
31st August 2022
Robert Johnson, Partner and Head of Professional Negligence at Healys LLP, successfully represented a claimant in a professional negligence claim against a firm of solicitors. The claim arose out of the manner in which the firm in question dealt with our client’s claim against her tenants for possession of the property.
22nd August 2022
Robert Johnson, Partner and Head of Professional Negligence at Healys LLP, successfully represented two claimants in professional negligence and breach of contract claims against a leading UK Bank. Continue reading »
4th August 2022
26th July 2022
Robert Johnson, Partner and Head of Professional Negligence at Healys LLP, successfully represented claimants who had been involved in a cross-border dispute with a number of financial institutions but their claims failed because of the negligence/breach of contract of the firm of solicitors that had been representing them in that dispute. Continue reading »
19th September 2022
We are deeply saddened by the passing of Her Majesty, Queen Elizabeth II.
As a mark of respect and appreciation for our late Queen, our offices will be closed on the day of Her Majesty’s State Funeral; Monday 19th September.
We apologise for any inconvenience this may cause.
15th August 2022
Commercial Lawyer, Samantha Oakley will be sharing legal insights and tips next month at this year’s London IP Week 5.0. Continue reading »
4th August 2022
Footprint+ is a ground-breaking property conference focusing on reducing the carbon footprint of the built environment and the real estate industry. The event brings together representatives from every sector of the UK property market to explore and discover state of the art methods by which the UK can meet its commitment to become net zero by 2050. Continue reading »
19th July 2022
Robert Johnson, Partner and Head of Professional Negligence at Healys LLP, successfully represented a claimant win a professional negligence claim against a firm of solicitors. Continue reading »
1st July 2022
We are pleased to announce that Robert Johnson, Partner and Head of Healys Professional Negligence, has been identified as a leader in his field and recommended for inclusion in this year’s Who’s Who Legal: Professional Negligence report.