We are required by the Solicitors Regulatory Authority Transparency Rules to publish information on costs of Debt Recovery with a value of less than \u00a3100,000.<\/p>\n
We offer a range of fixed fees as set out below, and where work falls outside the scope of a fixed fee we charge on a hourly rate basis.<\/p>\n
We expect that your matter will be dealt with by a qualified solicitor who will be assisted by a legal assistant and trainee solicitor from time to time.<\/p>\n
Fixed Fees:<\/strong><\/p>\n \u2022 Initial fixed fee meeting – \u00a3250 + VAT<\/p>\n \u2022 Letter of claim – between \u00a3250 and \u00a3500 + VAT<\/p>\n \u2022 Issue of non contested proceedings up to \u00a35,000 (limited to preparation of claim form and particulars of claim and issuing proceedings at court – \u00a3350 + VAT<\/p>\n \u2022 Issue of non contested proceedings between \u00a35,000 and \u00a310,000 (limited to preparation of claim form and particulars of claim and issuing proceedings at court\u00a0 – \u00a3500 + VAT<\/p>\n Should proceeding become defended, or we need to enter into negotiations on your behalf you will be charged at a hourly rate. You will be advised of the relevant hourly rate within our terms of business. As an estimate, we would expect fully contested proceedings to cost between \u00a33,000 and \u00a35,000 + VAT for the small claims track, \u00a35,000 \u00ac\u00a310,000 + VAT for fast track proceedings and \u00a315,000 + VAT plus for multi track proceedings.<\/p>\n Court Claims:<\/strong><\/p>\n 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 if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.<\/p>\n <\/p>\n Anyone wishing to proceed with a claim should note that:<\/strong><\/p>\n \u00b7\u00a0 \u00a0 \u00a0 \u00a0 \u00a0If the claim is valued at less than \u00a310,000, you will only be able to recover fixed costs of between \u00a360 and \u00a3110 and the court fee.<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Interest and compensation may take the debt into a higher banding, with a higher cost.<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.<\/p>\n Our fee includes:<\/strong><\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Taking your instructions and reviewing documentation<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Undertaking appropriate searches<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Sending a letter before action<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgement in default<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 When Judgement in default in received, write to the other side to request payment<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 If payment is not received within 21 days, providing you with advice on next steps and likely costs<\/p>\n Matters usually take 8 \u2013 20 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 Judgement in default. If enforcement action is needed, the matter will take longer to resolve.<\/p>\n Fixed Costs will not apply under the following circumstances:<\/strong><\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Claims outside the jurisdiction of England and Wales<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Claims which exceed \u00a310,000<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Any claim that is disputed by the Debtor(s) whether a defence is filed or not<\/p>\n \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Where further instructions are sought by the claimant or there is correspondence \/ negotiations with the Debtor before or during the issuing or proceedings and applying for Judgment.<\/p>\n Enforcement Options<\/p>\n Seizing Debtor’s Goods<\/p>\n Warrant \/Write of Control<\/p>\n If the Judgment debt is less than \u00a3600.00<\/p>\n RRP Associates ’ costs 10% of debt (subject to a minimum of \u00a3100 + VAT) Court Fee \u00a3121.00 (\u00a366 if the debt is more than \u00a3600)<\/p>\n The High Court Enforcement officer will charge an administration fee if they are unable to recover payment from the Debtor.<\/p>\n Obtaining information from Judgment Debtor<\/strong><\/p>\n RRP Associates ’ costs \u2014 10% of debt (subject to a minimum of \u00a3300 + VAT) Court Fee \u00a3110.00<\/p>\n The above fees do not include process server’s fees and conduct money payable to the Debtor<\/p>\n Attachment of Earnings<\/p>\n RRP Associates ’ costs \u2014 10% of debt (subject to a minimum of \u00a3250 + VAT) Court Fee \u00a3110.00<\/p>\n Third Party Debt Order<\/p>\n RRP Associates ’ costs \u2014 10% of debt (subject to a minimum of \u00a3500 + VAT) Court Fee \u00a3110.00<\/p>\n The above fee does not include process server’s fees<\/p>\n Charging Order<\/strong><\/p>\n RRP Associates ’ costs – \u00a3600.00 Fee \u00a3110.00<\/p>\n The above fee does not include Land Registry Charges and agents fees<\/p>\n VAT is payable on all costs<\/p>\n If the matter becomes protracted and it is evident that our usual fixed fee arrangement is not sustainable we will discuss our costs with you and agree either an increased fixed fee or costs based on the fee earners reasonable hourly rate.<\/p>\n Insolvency Proceedings<\/p>\n Statutory Demand<\/p>\n RRP Associates ’ costs \u00a3500 + VAT<\/p>\n Does not include process server’s fees or any costs associated with the Debtor disputing the debt<\/p>\n Bankruptcy Proceedings<\/p>\n RRP Associates ’ costs \u00a31,500.00 + VAT\u00a0\u00a0\u00a0 Court fee \u00a3280.00, Official Receiver’s Deposit \u00a3990.00<\/p>\n The above fees do not include process server and agent’s fees<\/p>\n Winding Up Proceedings<\/strong><\/p>\n RRP Associates ’ costs \u00a31,750.00 + VAT\u00a0\u00a0\u00a0 Court fee \u00a3280.00, Official Receiver’s Deposit \u00a31,600.00<\/p>\n The above fees do not include advertising fees, process server and agent’s fees<\/p>\n VAT is payable on all costs<\/strong><\/p>\n If the matter becomes protracted and it is evident that our usual fixed fee arrangement is not sustainable we will discuss our costs with you and agree either an increased fixed fee or costs based on the fee earners reasonable hourly rate.<\/p>\n","protected":false},"excerpt":{"rendered":" We are required by the Solicitors Regulatory Authority Transparency Rules to publish information on costs of Debt Recovery with a value of less than \u00a3100,000. We offer a range of fixed fees as set out below, and where work falls outside the scope of a fixed fee we charge on a hourly rate basis. We…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Debt value<\/span><\/th>\n Court fee<\/span><\/th>\n Our fee (incl. VAT)<\/span><\/th>\n Total<\/span><\/th>\n<\/tr>\n \n Up to \u00a35,000<\/span><\/td>\n Between \u00a335 – \u00a3205<\/span><\/td>\n \u00a3420<\/span><\/td>\n Between \u00a3455 – \u00a3625<\/span><\/td>\n<\/tr>\n \n \u00a35,001 – \u00a310,000<\/span><\/td>\n \u00a3455<\/span><\/td>\n \u00a3600<\/span><\/td>\n \u00a31,050<\/span><\/td>\n<\/tr>\n \n \u00a310,001 – \u00a350,000<\/span><\/td>\n 5% value of the claim<\/span><\/td>\n \u00a3900<\/span><\/td>\n Between \u00a31,400 – \u00a33,400<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n