At SAS Daniels we provide our clients with a clear pricing structure and will make sure that any costs are discussed with you at the outset. Listed below is an explanation of our fixed price debt recovery service, SAS Collect, and the costs.
Initial steps: pre-action letter
The initial step of the debt recovery process is to send a pre-action letter to the debtor. This is known as a Letter of Claim and our debt recovery experts ensure it is fully compliant with the Practice Direction – Pre-Action Conduct and Protocols (and the Pre-Action Protocol for Debt Claims where appropriate). In our experience, this saves time and additional expense later down the line. We will also seek to maximise your recovery by including a claim for any recoverable interest and late payment compensation. Our costs also include two telephone calls to the debtor, one call a few days after the letter has been sent to ensure it has been received, and one upon expiry of the deadline for payment (if payment has not been received). Our costs for the initial, pre-action letter vary depending on the amount of debt owed and are as follows:
Debt amount Our fee (excluding VAT) up to £1,000.00 £50.00 £1,000.01 – £5,000.00 £85.00 £5,000.01 – £10,000.00 £125.00 £10,000.01 – £25,000.00 £150.00 £25,000.01 – £50,000.00 £200.00 £50,000.01 – £100,000.00 £250.00 £100,000.01 plus Please contact us for a bespoke quote.
Before any costs are incurred, we will also review the debtor’s position on Companies House or the Individual Insolvency Register, as appropriate, and will report any obvious issues with recovering payments to you.
Bulk instruction: For bulk and/or repeat instructions, we will consider the possibility of “no recovery, no fee” arrangements on a case by case basis. Please contact us and we will provide you with a bespoke quote which is tailored to your individual needs.
What if no payment is received?
If no payment is received, we can move the matter to the next stage which may be the commencement of County Court proceedings or service of a Statutory Demand. Our debt recovery experts will take you through the options and the pros and cons of each before you make a decision on the next steps. Our fees for the commencement of County Court proceedings are:
Debt amount (including accrued interest and compensation) Our fee (excluding VAT) Court fee Fixed cost recoverable from debtor Total recoverable from debtor (court fee and fixed fee) Below £500 In most cases below £500 we would advise against County Court proceedings due to costs involved. £500.01 – £1,000.00 £75.00 £70.00 £70.00 £140.00 £1,000.01 – £1,500.00 £100.00 £80.00 £80.00 £160.00 £1,500.01 – £3,000.00 £150.00 £115.00 £80.00 £195.00 £3,000.01 – £5,000.00 £225.00 £205.00 £80.00 £285.00 £5,000.01 – £10,000.00 £375.00 £455.00 £100.00 £555.00 £10,000.01 – £100,000.00 £500.00 – £750.00 5% of the claim value including interest £100.00 £100 + court fee incurred.
*These fees are based on the sums due being set out in one document (e.g. invoice or contract) and are subject to the terms and conditions in our work summary. If your debt is based on multiple documents we will provide you with a separate quote which is tailored to your individual needs.
What if a claim becomes defended?If a claim becomes defended, the matter will be referred to a specialist in our Dispute Resolution team to review your options and discuss these with you. If you wish to proceed, the costs would be agreed with you before any work is carried out and these would be on either an hourly basis or on a fixed fee basis, where appropriate.
Can anything be done if the debtor fails to comply with court proceedings?
In the event that the debtor fails to take certain prescribed steps within set periods, once County Court proceedings have been commenced, you will be able to instruct us to make a request for Default Judgment to be granted which could then be enforced against the debtor if not satisfied within a one month period.
Debt amount Our fees (excluding VAT) Court fee Amount recoverable from debtor Up to £1,000.00 £35.00 £22.00 £22.00 £1,000.01 – £5,000.00 £50.00 £22.00 £22.00 £5,000.01 – £10,000.00 £75.00 £30.00 £30.00 £10,000.01 – £100,000.00 £100.00 £30.00 £30.00
If Default Judgment is entered (or you obtain a Judgment at the conclusion of a case) we are able to discuss with you the options available in terms of enforcing that Judgment and the pros and cons of each.
Depending on the amount of debt there are different options available to enforce the Judgment and recover debts. These are as follows:
- A County Court Judgment for less than £600 must be enforced in the County Court.
- A County Court Judgment for £600 to £5,000 can be enforced in either the County Court or the High Court.
- A County Court Judgment for £5,000 or more must be enforced in the High Court.
Our team of debt recovery experts have specialist experience in enforcing County Court Judgments and can help you enforce the Judgment in either Court. The costs and options of enforcement action are as follows:
- County Court Bailiff / Warrant of Control (debts up to £600):
Debt amount Our fee (excluding VAT) Court fee Fixed costs recoverable from debtor Total amount recoverable from debtor Up to £600.00 £35.00 £77.00 – £110.00 £2.25 £79.25 – £112.25
- High Court Bailiff / Writ of Control (debts of more than £600):
Debt amount Our fee (excluding VAT) Court fee (for sealing Writ of Control*) Fixed costs recoverable from debtor Total amount recoverable from debtor £600.00 or more £75.00 £66.00 £51.75 £117.75
*There will be further fees payable to the High Court Enforcement Officer when sealing a Writ of Control. Our team will advise you of these before any action is taken.
- Attachment of Earnings:
Debt amount Our fee (excluding VAT) Court fee Fixed costs recoverable from debtor Total amount recoverable from debtor Any £100.00 £110.00 £8.50 £118.50
- Charging Order:
Debt amount Our fee (excluding VAT) Court fee Fixed costs recoverable from debtor Land Registry official copy title & registration fees Total amount recoverable from debtor Any £250.00* £110.00 £110.00 £43.00 £263.00
*These fees are in respect of the Charging Order application and service, and registration of the interim and Final Charging Orders. They do not include attendance at a Court hearing. Should a Court hearing become necessary, our team will discuss the fees with you in advance.
- Third Party Debt Order:
Debt amount Our fee (excluding VAT) Court fee Fixed costs recoverable from debtor Total amount recoverable from debtor Any £125.00* £110.00 £98.50 £208.50
*These fees do not include attendance at a Court hearing. If attendance at a Court hearing becomes necessary our team will discuss the fees with you in advance.
- Application for an Order to Obtain Information: (debtor to attend court for questioning)
Debt amount Our fee (excluding VAT) Court fee Fixed amount recoverable from debtor Bailiff Service Total amount recoverable from debtor Any £125.00* £55.00 £55.00 £110.00 £55.00
*These fees do not include attendance at the questioning. Should you instruct us to attend the questioning, our team will agree the additional fees with you in advance.
Please note: all recoverable amounts will continue to accrue interest, except in the Attachment of Earning process where interest ceases to run at the point an Attachment of Earnings Order or a suspended Attachment of Earning Order is granted.
For more information about our fixed price debt recovery service or enforcement action and how we can help you recover your debts, please contact us on 0161 475 7676 or email us via our contact form.
Job Title: Partner
Phone: 0161 475 7655