Our solicitors charge hourly rates between £165 and £280 + vat. These estimated prices reflect the urgency of the work required, the complexity and the seniority of the solicitor involve.
Our Fees including VAT
(i) Letter before claim
£165 – £280
(ii) Bankruptcy proceedings
£1600 – £2800
Disbursements including VAT
(iii) Process Server (statutory demand and petition)
(iv) Court fee
(v) Deposit – Official Receiver
(vi) Bankruptcy search fee
(vii) Land Charges fee
(viii) Representation at First Hearing
£250 – £500
(i) Take instructions and review papers; send letter before claim
(ii) Prepare and serve statutory demand
Prepare, issue and serve bankruptcy petition
Prepare court documents
Prepare and organise attendance at first hearing
The debtor opposing the statutory demand or the petition
Any hearing after the first hearing
Problems with service of papers upon the debtor
Debts exceeding £100,000
How long will the case take?
Every case is different.
If the case is settled, it may take a few weeks.
If it proceeds to a first hearing it may take 3-4 months.
This is just an estimate and we will know more when we speak to you
about your case.
Note. These prices are an estimate of the likely cost of the case which we can reasonably foresee at the start. We will notify you in writing if for any reason we feel it necessary to vary the estimate and will explain to you why we need to do so. Any additional work will be charged at the agreed hourly rate. Estimates we give can be affected by other factors outside our control (eg. your instructions, the conduct of an opponent or third party, unexpected circumstances, court or tribunal orders etc). Consequently, estimates are given as a guide only and they are not intended to be fixed or binding. We will give the best estimate possible but there is no guarantee that the final charge will not exceed the estimate. These prices are set in January 2020. They are increased in line with inflation after each 12 month period.