We are here to help you and can offer a range of services whether you are a business or individual. In some cases, such as a business to business debt we can offer you a fixed fee structure where that debt is undisputed.  For debt matters involving an individual, again we can offer to deal with this matter for you on a fixed fee basis if that debt is undisputed, but should the amount of that debt be in dispute, then we would need to discuss costs further with you at that stage as would be the case with business to business debts that become disputed.  Depending on what the particular issues are, and what further work will be involved, we are able to agree with a costs limit that we would not exceed without further discussions and agreement with you.

Fixed Fees for business to business debt that remains undisputed up to Judgment:

 

These costs apply where your claim is in relation to unpaid invoices which are not disputed and where no enforcement action becomes necessary.  Please note you will need to pay the relevant Court fee should proceedings become necessary, although this fee is then added onto the value of the debt which we will seek to claim from the debtor.

Should the debtor dispute your claim then we will discuss with you any further work that is required and will at that stage provide you with further advice about costs, which will depend on what further work is involved (eg, if it is a few letters to negotiate settlement – then this may be on a fixed fee basis, although if more extensive work is required then we can agree an hourly rate for that further work).

 

Value of Debt:                                                  Court fee payable:                                   Our fees:

Up to £5,000.00                                 between £35-£205 depending on value         £325 plus VAT

 

Between £5,001 –                                                    £455                                               £475 plus VAT

£10,000                                                                                                               (plus 2.5% of amount recovered)

 

Claims in excess of £10,001                     5% of value of claim                                     £700 plus VAT

–                                                                                                                         (plus 3% of amount recovered)

 

Please note that the above costs do not include any enforcement action, or enforcements fees and should it become necessary to have to take enforcement action then we can discuss those further costs and fees, with you at that stage.

Fixed fees for debt recovery where Individual or Sole traders are involved and where the pre-action protocol  applies:

 

Value of Debt:                                                  Court fee payable:                                  Our fees:

Up to £5,000.00                                 between £35-£205 depending on value         £375 plus VAT

 

Between £5,001 –                                                    £455                                                £575 plus VAT

£10,000                                                                                                             (plus 2.5% of amount recovered)

 

Claims in excess of £10,001                     5% of value of claim                                      £700 plus VAT

–                                                                                                                         (plus 3% of amount recovered)

 

Please note that the above costs do not include any enforcement action or enforcements fees, and should it become necessary to have to take enforcement action then we can discuss those further costs and fees, with you at that stage.

For a free initial consultation contact Catherine Harris on 01282 422711 or email charris@southernslaw.co.uk