
Our quote for the legal work on your debt recovery will be given on a fixed fee basis, subject to assumptions which are set out below. All prices shown below are exclusive of VAT with the VAT inclusive total (at the current rate of 20%) shown separately; this is the usual method of pricing for businesses.
The quote that we give you will be based on your individual circumstances and will depend on the specifics of your particular debt recovery.
TSP legal fees for your Debt Recovery: Before we issue a claim we will send a “Letter Before Claim” to try and recover the debt. Our fixed fee for sending this letter on your behalf will depend on the value of the invoice(s). It will be between £75 (£90 incl. VAT) and £150 (£180 incl. VAT).
If it becomes necessary to issue a claim we will charge you a further fixed fee which will again be dependent on the value of the debt and range from £172 (£206.40 incl. VAT) to £420 (£504 incl. VAT). This fee does not include receiving defence, application or part admission, or any enforcement action that may be necessary the costs for which can be found here.
In addition to our fixed fee for the legal work, if you issue a claim you will also incur Court fees. These fees, which are based on the value of the debt, are shown in the table.
The above pricing assumes that your debt is not contested. We are able to offer the fixed packages detailed below where your debt recovery matter is contested.
Advice on Merits and Letter before Claim Service - £250 plus VAT (ad-hoc)
- Consideration of your paperwork and written advice on the merits of your legal issue
- A letter sent in accordance with the relevant debt Pre-Action Protocol requesting payment in respect of small claims
Advice on Merits and Defence and Counterclaim Service - £500 plus VAT (ad-hoc)
- Consideration of your paperwork and written advice on merits of your legal issue
- Preparation of Defence and Counterclaim
Disbursements: Counterclaim fee – this will depend on the size of the debt that is contested – see table at the top of the page.
Advice on Merits, Letter before Claim and Issuing of Claim Service - £750 plus VAT (ad-hoc)
- Consideration of your paperwork and written advice on the merits of your legal issue
- A letter sent in accordance with the relevant debt Pre-Action Protocol requesting payment in respect of small claims
- Issue of claim (Money Claims OnLine (MCOL) only)
Disbursements: Issue Fee – this will depend on the size of the debt that is contested – see table at the top of the page.
Small Claims Hearing Service - £1,000 plus VAT (Case management)
- Completing and sending directions questionnaires to the Court and opponent
- Drafting witness statements (no more than 2, otherwise additional fees to be revised)
- Preparing instructions for hearing
- Preparing a statement of costs
- Instructing Counsel to attend the hearing
- Report on outcome of hearing
- Fortnightly updates on your case
Disbursements: Counsel’s Attendance Fee – these fees, which will attract VAT, will depend on the experience of Counsel required. Minimum fees are likely to be £750 plus VAT. We will get a quote from Counsel before proceeding and will ask you to agree these costs.
Complete Small Claims Service - £1,500 plus VAT (Case Management)
- Consideration of your paperwork and written advice on the merits of your legal issue
- A letter sent in accordance with the relevant Pre-Action Protocol requesting payment
- Issue of claim (MCOL Only)
- Completing and sending directions questionnaires to the Court and opponent
- Drafting witness statements (no more than two, otherwise additional fees may be incurred)
- Preparing instructions for hearing
- Preparing a statement of costs
- Instructing Counsel to attend the hearing
- Report on outcome of hearing
- Fortnightly updates on your case
Disbursements: Counsel’s Attendance Fee – these fees, which will attract VAT, will depend on the experience of Counsel required. Minimum fees are likely to be £750 plus VAT. We will get a quote from Counsel before proceeding and will ask you to agree these costs.
We are required by law to identity and verify all companies that we work with. As part of this verification we are also required to identity and verify a number of other types of individuals associated with the company, such as Directors and Beneficial Owners. We will charge £10 plus VAT (£12 in total) per UK Company / Individual that we check. Where a company is located overseas the charge will be £35 plus VAT (£42 in total). More information on the types of individuals we are required to check can be found in our Terms of Business.
In our FAQ section, which you can access by clicking the yellow FAQ tab above related people and related guides below, you will find important information on
- Key stages in your debt recovery
- Key assumptions about the cost of your debt recovery
- Key exclusions from the cost of your debt recovery
- How long will your debt recovery take?
Your debt recovery will be progressed by Lawyers in our Dispute Resolution team whose details can be found in related people below. Team Leader, Andrew Breckenridge, supervises the work of all of the lawyers in the Dispute Resolution team. Please read each profile below for information on their individual qualifications and experience.