I was instructed by a company who had a verbal referral agreement with another company and was owed £1,000 commission.
A 7-day Late Payment Interest Notice was sent, and payment was still not forthcoming. A small claim was commenced, and no response was filed to the claim. I was instructed to obtain Judgment in default.
The debtor made payment of the invoice amount only and applied for a Certificate of Satisfaction. Then they paid the costs and interest and I notified the court that full payment had been received.
Services & Fees
To send a Late Payment Interest Notice - £25 + VAT
Commence small claim - £150 + VAT (of which £80 was added to the amount claimed) & £70 court fee
Request Judgment in default - £55 + VAT
File Open – 3 months
Always have agreements in writing, ideally drafted for your business. Relying on verbal agreements can often result in disputes over what was agreed.