Schedule
of Fees
Asset Services Cash Collection will only attempt
to collect debts of no more than £5000.00
Commission Charges
- These charges are only made on recovery
of the debt.
- We do not collect debts outside of the UK.
- Minimum Debt Collection £200.00
| Age
of Debt |
Commission
Charge |
| 0
- 30 Days |
10%
of debt recovered |
| 31
- 120 Days |
15%
of debt recovered |
| 121+
Days |
20%
of debt recovered |
- These charges are based on the original
date of the invoice.
- If we successfully collect EU Late Payment
Directive 2000/35/EC of either £40.00 or £70.00,
50% will be retained by Asset Services Ltd.
- If we are unsuccessful in collection
of your debt and you decide not to enter into litigation,
our minimum fee of £50.00 will be charged.
Litigation Charges
| Amount
of Debt |
Court
Fee |
Our
Fee |
Total
Fee |
| Up
to £300 |
£30 |
£100 |
£130 |
| £301
- £500 |
£50 |
£100 |
£150 |
| £501
- £1,000 |
£80 |
£100 |
£180 |
| £1001
- £5,000 |
£120 |
£150 |
£270 |
Applicable
to all non-defended cases. Hourly rates will then apply.
Other Charges
- Warrant of Execution £70.00
- High Court Enforcement £83.00
- Garnishee Order £50.00
- Charging Order £60.00
- Attachment of Earnings £60.00
- Bankruptcy Order £180.00
- Credit Checking Report £5.00
per search
A 3% Handling Charge
will be made to cover all credit card transactions
|
