Insolvency pricing
Issuing a Statutory Demand – Personal / Corporate - £500 + VAT
Additional Anticipated disbursements
- Process server fees: these vary depending on the circumstances, and are typically from £100 plus VAT
- Timescale: Once a statutory demand has been served upon the Debtor, the Debtor has 21 days within which to make payment and thus avoid bankruptcy/wind-up proceeding.
Bankruptcy Petition (Personal) - £1000 +VAT
Additional Anticipated disbursements
- Process server fees: these vary depending on the circumstances, and are typically from £100 plus VAT
- Court application fee - £302
- Official Receiver Deposit - £990
Representatives fees at the first court hearing - will depend upon hearing location, seniority and specialism
Winding Up Petition - £1250 + VAT
Additional Anticipated disbursements
- Process server fees: these vary depending on the circumstances, and are typically from £100 + VAT
- Court application fee - £280
- Official Receiver Deposit - £1600
- Representative’s fees at the first court hearing - Will depend upon hearing location, seniority and specialism
- London Gazette Advertisement - £101.52 plus VAT
The typical timescale to be allowed for obtaining a bankruptcy order / winding up order is 8 - 12 weeks from the date of presentation of the petition.
VAT will be charged at the current rate of 20% where applicable.
Our services include:
Insolvency | Commercial Litigation | Debt | Solicitors fees | Judicial Review | Probate | Share agreements | Business