debt

recovery

Debt Recovery - Fees

To help you understand the likely timescale and costs involved in a divorce, please look through the following information:

Debt Recovery (Small Claims £5,000 - £10,000)

Table Header	Drafting letter before claim – fixed fee of £250 + VAT Anti-Money Laundering check £25 + VAT Drafting the claim form (for the client to make the application) Fixed fee of £150 + vat Further work once the claim is underway would be charged at the following hourly rates: Keith Holland - £195 p/hr + VAT One-off Secure Storage fee - £25 + VAT
Total Cost	Drafting letter before claim – fixed fee of £250 + VAT Anti-Money Laundering check £25 + VAT Drafting the claim form (for the client to make the application) Fixed fee of £150 + vat Further work once the claim is underway would be charged at the following hourly rates: Keith Holland - £175 p/hr + VAT Ela Mobini - £145 p/hr + VAT One-off Secure Storage fee - £25 + VAT
Disbursements	N/A
Key stages and timescales	Time scale 0-1 week A statutory period of 30 days must pass before a claim can be made to the Small Claims Court

Debt Recovery – Statutory Demand

Table Header	Fixed fee of £500 + vat Process server fee £100 + vat Anti-Money Laundering Check £25 + VAT One-off secure Storage Fee - £25 + VAT
Total Cost	Fixed fee of £500 + vat Process server fee £100 + vat Anti-Money Laundering Check £25 + VAT
Disbursements	N/A
Key stages and timescales	Taking instructions and drafting the Statutory Demand - 0-1 weeks

Debt Recovery – £10,000 and above

Table Header	Estimated fees £1000 - £5000 + VAT depending on what stage the court proceedings end. Anti-Money Laundering Check - £25 + VAT One-off Secure Storage fee £25 + VAT
Total Cost	Estimated fees £1000 - £5000 + VAT depending on what stage the court proceedings end. Anti-Money Laundering Check - £25 + VAT One-off Secure Storage fee £25 + VAT
Disbursements	N/A
Key stages and timescales	Taking instructions and drafting a letter before issue 0-1 week Statutory period of 30 days must pass Drafting claim form 0-1 week

Key Contacts

Keith Holland

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Smith & Co sorted our Lasting Power of Attorney very smoothly and were very helpful. They made something that felt very complicated really simple to understand.

A.B. Ipswich

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