how to
PROTECT
To access these services please visit the protection page on the Chamber website or call our membership team on 01223 237414.
QUEST FOUR SERVICES Your Chamber membership provides you with access to four key services as part of your Chamber membership, provided by Quest – ChamberHR, ChamberLegal, ChamberH&S, ChamberTax.
ChamberHR
ChamberLegal
ChamberHS
ChamberTax
to prompt a debtor to make payment. Therefore, Vantage Legal Protect (VPL), the legal team at Quest, will send a chaser letter to the debtor reminding them that the invoice is due and owing. The fee for sending the chaser letter is £15.00 (plus VAT).
LETTER BEFORE ACTION
This also gives you access to the If the chaser letter is not successful, Debt Recovery Service. the next step will be to send a formal Cash flow is vital to every business, letter before action. so unpaid bills can cause serious The fee for drafting and sending the problems. Therefore, Quest is delighted letter before action is £50.00 (plus to offer businesses a highly competitive VAT). debt recovery service relating VALUE OF DEBT to unpaid (debt plus any interest COURT FEE invoices. The and compensation) aim of the Debt Recovery 0 – £300.00 £35.00 Service is to offer businesses £301 – £500.00 £50.00 and individuals £501 – £1000.00 £70.00 a service which is both £1001 – £1500.00 £80.00 competitively £1501 – £3000.00 £115.00 priced whilst being highly £3001 – £5000.00 £205.00 effective.
CHASER LETTER In some instances, a chaser letter can be enough
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COURT CLAIM If the letter before actions proves unsuccessful, the next step is to consider is commencing legal proceedings. Please note that the fees below are only applicable to invoices which are not disputed (defended by the debtor) and not subject to enforcement action. If the debtor disputes the invoice at any stage, the fees will be charged at the discounted hourly rate of £100.00 (plus VAT). For undisputed matters, the fixed fees payable are as shown in the table below.
ENFORCEMENT Once Judgment has been obtained, if it remains unpaid VPL will discuss enforcement options with you.
VPL FEE
TOTAL
£75.00 (plus VAT)
£125.00
£90.00 (plus VAT)
£158.00
£120.00 (plus VAT)
£214.00
£175.00 (plus VAT)
£290.00
£200.00 (plus VAT)
£355.00
£350.00 (plus VAT)
£625.00
£5001 – £7000
£455.00
£700.00 (plus VAT)
£1295.00
£7001 – £10,000
£455.00
£800.00 (plus VAT)
£1415.00
£10,001 – £25,000
Five per cent of value claimed
£25,000 – £50,000
Five per cent of value claimed
Please get in touch Please get in touch with us on 0116 243 7862