Debt Recovery
Our prices
We aim to ensure that our costs are affordable, predictable and capped to the fullest extent possible.
002 Charges for debt recovery in Scotland May 2023
Business to Consumer/Sole Trader Debt Recovery under the Pre-Action Debt Recovery Protocol
- Debt Recovery Pre-Action Debt Recovery Protocol Letter of Claim: £20.00 (+VAT)
- Standard letter before action (LBA): £20.00 (+VAT)
Business to Business Debt Recovery
- Business to business (Late Payment of Commercial Debts (Interest) Act 1998) letter before action including interest and compensation calculations: £20.00 (+VAT)
The LBA prices above include taking initial instructions, issuing the LBA and reporting back / obtaining further instructions.
Full details of fixed fees and court charges for England & Wales which apply from 11th June 2024 can be found here.
Full details of fixed fees and court charges for Scotland which apply from 15th May 2023 can be found here.
What do our fees include?
Our fees include:
- Taking your instructions and reviewing documentation
- Receiving payment and sending onto you. There may, however, be an appropriate CHAPS fee to pay in respect of an immediate electronic payment
- Providing you with advice on next steps and likely costs, if payment is not received within any relevant timescale (please see below)
Any businesses wishing to proceed with a debt recovery claim should note that interest and compensation may take the debt into a higher banding, with a higher cost.
Who will undertake the work?
The majority of the debt recovery work that we undertake for clients is carried out by Sarah Moore who is a Paralegal in our Debt Recovery Team.
For further information on debt recovery or to make an appointment for an informal first discussion please email collections@burnetts.co.uk .