I acted for a client that was owed £4,300 + VAT broker fee. I sent a 7-day Late Payment Interest Notice demanding payment of the invoice, interest at 8.75% and £70 compensation for late payment. The debtor failed to make payment and a small claim was commenced. The Defendant made payment in full including costs and interest. I lodged payment confirmation on Money Claim Online. The Defendant filed a Defence on the basis that full payment had been made. I filed and served an N236 confirming that the client no longer wished to proceed with the claim.
Services & Fees
7-day Late Payment Interest Notice - £25 + VAT
Commence small claim - £250 + VAT & £ court fee £410
Total costs - £275 + VAT & £410 court fees, of which £100 solicitors costs was claimed from the debtor.
File Open – 7 weeks
If you owe money always communicate why you are late in making payment. Waiting for a County Court claim to be issued before making payment is expensive as additional solicitor & court fees and interest are charged.