Fees

These costs apply where your claim is in relation to an unpaid invoice which is not disputed. 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, or an hourly rate if more extensive work is needed.

Bankruptcy

Stage Fees Amount (including VAT)
Statutory demand (undefended) Our costs £400.00
Process Servers Fee £105.00
Bankruptcy petition (undefended) Our costs £1,200.00
Court fee on issue £280.00
Search fee on issue £11.00
Official receivers deposit £990.00
Process servers fee £105.00
London agent’s filing fees £105.00
Advocacy agents fee £500.00

Winding up petitions

Stage Fees Amount (including VAT)
Statutory demand (undefended) Fixed costs £400.00
Process Servers Fee £105.00
Bankruptcy petition (undefended) Our costs £1,200.00
Court fee on issue £280.00
Search fee on issue £11.00
Official receivers deposit £1,600.00
Process servers fee £105.00
London agent’s filing fees £60.00
Advocacy agents fee £500.00

Our fee includes:

  • Taking your instructions and reviewing documentation;
  • Undertaking appropriate searches;
  • Drafting and serving the statutory demand;
  • Drafting, issuing and serving the bankruptcy or winding up petition;
  • The first attendance at court; and
  • Receiving payment and sending this back to you.

Matters usually take 1 – 6 months 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 petition. This is on the basis that the other side pays promptly on receipt of the statutory demand. If further action is needed, the matter will take longer to resolve.