Statutory Demand

How much does this service cost?

No debt recovery matter is ever the same and so our fees will reflect the particular requirements of your matter.  The figures quoted below are a guide only as the cost of your matter will depend upon many factors such as: the evidence needed, the complexity of the dispute, the nature of the defence(s) raised, whether any counterclaims are raised and level of involvement the client wishes to have.  That’s why we’ll always give you an individual cost estimate at the start of the transaction, taking into account the actual details of your matter.  We will always advise you immediately about any complication; and would fully discuss the potential consequences of that before any additional charges are incurred.

Our charges apply where your claim is in relation to an unpaid invoice or other relevant debt which is undisputed and where enforcement action is needed. 

Our charges will be calculated primarily by reference to the time spent on the matter, although other factors may be taken into account.  These include the complexity of the matter, the importance and urgency of the matter to you; and the skill, effort, specialist knowledge and responsibility involved in dealing with it on your behalf.  The time spent will be charged in units of one-tenth of an hour.

We estimate our fees, excluding VAT and disbursements, to be approximately £750- £1000 on an average case. They can be higher for more complex matters.  VAT will be charged at 20% on top of all costs.

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements, where possible, on your behalf to ensure a smoother process.

Potential Disbursements :

  • Process Server Fee: £150

Anyone wishing to proceed with a claim should note that:

  • Your legal costs cannot be claimed in the Statutory Demand

As part of our fee we will:

  • Provide you with an experienced insolvency solicitor to work on your matter
  • Take your instructions and review documentation
  • Draft Statutory Demand and arrange for service

Matters usually take 4-12 weeks from receipt of instructions from you to but is dependent on the response received from the debtor. The debtor will be given 21 days from the date of service to respond.