Costs & Services

    Castelo Solicitors are required by the Solicitors Regulation Authority (SRA) to provide costs information about certain legal services that we provide in the United Kingdom.

     

    The pricing information on this page applies only to the below services provided by Castelo Solicitors and does not apply to services provided outside of scope of those set out below or to services provided outside of the United Kingdom.

    Please note that the rates detailed in the below costings do not include VAT and disbursements. VAT is applicable on our fees at the rate of 20% .

     

    Debt Recovery

    When you or your business is owed money it can have a negative impact on your finances and be detrimental to your financial stability, this is why at Castelo our team of debt recovery experts act quickly and firmly to recover any outstanding monies owed to you.

     

    Key Services

    1. Reviewing the details of your claim and any documentation and advising you on the best course of action.
    2. Drafting the initial letter of claim to the debtor to notify them that we intend to begin proceedings on your behalf to recover the debt. Individuals have 30 days to respond but are entitled to extend this by another 30 days, companies have a maximum of 7 days to respond.
    3. Completing the claim form and submitting it to the County Court Money Claims Centre (CCMCC) for proceedings to be served. This may take up to eight weeks subject to the Court and the opponent then has 14 days to respond to the claim.
    4. If your opponent admits to the debt, the Court would make a judgment for payment and we would write to your debtor requesting payment. If they do not take liability for the debt, the Court would make a default judgment.
    5. If  enforcement proceedings are due because payments have not been made we would advise you on the different enforcement methods and your most suitable options. For example, instructing High Court Enforcement Officers (HCEO) to convert your CCJ into a High Court Writ of Control.

     

    Timescales

    The time it takes to recover debt depends on your circumstances, i.e. the size of the debt and the opponent in question. Depending on the responsiveness and co-operation of the debtor, the debt recovery process can take several months.

     

    The Team

    All debt recovery cases will be managed by our specialist debt recovery team which includes Castelo Partner, Ana Afonso Martins, as well as our expert solicitors who will also work with other members of our team with the appropriate level of experience.

     

    Our Pricing

    Hourly Fees
    Average Costs
    Complex Cases
    £350 plus VAT£2,000-£10,00 plus VAT£10,000 +

     

    *Our prices do not include VAT and disbursements. VAT is applicable on our fees at the rate of 20% .

     


     

    Get In Touch!

    If you or your business is owed monies contact us today for expert legal advice on the debt recovery process and to see how Castelo Solicitors can help you act swiftly and firmly to recover the money owed to you.

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    © 2022 Castelo Solicitors • Legal Information
    20 Victoria Street, London, SW1H 0NB

    T: 020 3441 5095 (Mon-Fri 0830-1900)

    E: info@castelosolicitors.com

    Castelo Solicitors Limited is authorised and regulated by the Solicitors regulation authority under number 573316. AEG Afonso Martins is the director of Castelo Solicitors Limited.