Debt Collection

Costs Information for Having Business to Business Debt that is Undisputed

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.

Our Debt Recovery team is headed by Partner and Solicitor Fariz Uvais,  he works closely with Rossanna Yarleque, a Paralegal with over 10 years experience.

Debt value Court fee Our fee (incl. VAT) Total
Up to £5,000 £205.00 £840.00 £1,045.00
£5,001 – £10,000 £455.00 £1,200.00 £1,655.00
£10,001 – £100,000 5% of the value of the claim £1,800.00 £1,800.00 + Court fee
  • The VAT element of our fee cannot be reclaimed from your debtor.
  • Interest and compensation may take the debt into a higher banding, with a higher cost.
  • The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

Our fee includes:-

  • Taking your instructions and reviewing documentation.
  • Undertaking appropriate searches.
  • Sending a letter before action.
  • Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim.
  • Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgement in default.
  • When Judgement in default in received, write to the other side to request payment.
  • If payment is not received within a reasonable period, providing you with advice on next steps and likely costs.

Matters usually take 8 – 10 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.

Our Dispute Resolution team is headed by Mr Fariz Uvais who is a Partner. Details of Fariz’s experience can be easily accessed by clicking on the link below.

Fahri LLP is a family-run legal firm, a team of exceptional solicitors who have been supporting a diverse collection of local, national and international clients in all their private and commercial legal needs since 2016.
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Unit 3 Mountview Court,
310 Friern Barnet Lane,
Whetstone, London N20 0LD
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3 Bluecoats Avenue, Hertford SG14 1PB
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