Thursday, 28 August 2008
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Debt Recovery Unit
Our computerised Debt Recovery Unit is recognised as one of the market leaders in the field of bulk collections for commercial clients.  As one of the largest issuers of proceedings in the West London County court the unit deals annually with the recovery of millions of pounds of debt.

Our highly efficient system provides a speedy and cost-effective service to clients, leading to the early recovery of debts. The high volume of commercial debts dealt with by the unit means that the cost is limited to a low fixed fee per case based on scale costs.

In addition to issuing proceedings out of the West London Court we also issue Statutory Demands, winding-up and bankruptcy Petitions for debts over £750.00.  The cost of insolvency proceedings tends to be higher than the cost of litigation.  However, the devastating effect of a successful petition on a debtor usually ensures rapid results.

Should an action become defended, we have a wealth of expertise in our litigation department to deal with any eventuality.  In these circumstances, we revert to the usual client/time recorded basis.  Hourly rates vary depending on the complexity of the action and the person assigned to deal with the matter.  However, for defended actions less than £5,000 we quote a fixed fee for dealing with the case.

For full details of our Debt Recovery service please contact:

Terry Liston or Peter Kalpakiotis on:

Telephone:         0208 741 7272
Fax:                    0208 741 7273
Email:                

Court Fees

Court recoverable from the Debtor in the event of successful recovery.

COURT FEES ON CLAIM FORM
Less than £300 £30
£300.01 - £500 £50
£500.01 - £1,000 £80
£1,000.01 - £5,000 £120
£5,000.01 - £15,000 £250
£15,000.01 - £50,000 £400
£50,000.01 - £100,000 £700
£100,000.01 - £150,000 £900
£150,000.01 - £200,000 £1,100
£200,000.01 - £250,000 £1,300
£250,000.01 - £300,000 £1,500
£300,000.01 - Unlimited £1,700


COURT FEES ON ENFORCEMENT
Warrants below £125  £35
Warrants above £125 £55


 FEES ON HIGH COURT ENFORCEMENT
Judgements over £600 £138.50











Solicitors Costs

Cost recoverable from the Debtor in the event of successful recovery.

PRIOR TO THE ISSUE OF PROCEEDINGS
Less than £1,000 £40
£1000 - £10,000 £70
Over £10,000 £100


ON THE ISSUE OF CLAIM FORM
£25 - £500
£50
£500.01 - £1,000 £70
£1,000.01 - £5,000
£80
Over £5000.01
£100


ON DEFAULT JUDGEMENTS
Less than £5,000
£22
Over £5,000.01
£30





The above (Solicitors) costs are as provided by the Lord Chancellors Department January 2006, and do not include VAT.












Insolvency Fees

Court recoverable from the Debtor in the event of successful recovery.

STATUTORY DEMAND
Process Server's fee
£76.50
Our fee
£85.00
Total £161.50


BANKRUPTCY
Search fee
£5.00
Court fee
£190.00
Affidavit of Truth
£7.00
Process Server's fee
£76.50
Agency's fee / Counsel's fee
£150.00
Official Receiver's deposit
£370.00
Our fee
£471.50
Total £1270.00


WINDING-UP
Search fee (max)
£25.00
Court fee
£190.00
Affidavit of Truth
£7.00
Process Server's fee
£76.50
Advertisement fee (max)
£35.00
Counsel's fee
£75.00
Official Receiver's deposit
£620.00
Our fee
£471.50
Total
£1500.00



© 2005 Barnett Alexander Conway Ingram (BACI), Solicitors. All Rights Reserved.