We do try to avoid this somewhat fatalistic course of action, but unfortunately, it is often the only action open to clients wanting to obtain money owed to them.

Issuing a Statutory Demand - Winding Up / Bankruptcy - £ + VAT*

• Anticipated disbursements

Process server fees: £ plus vat (Edmund charges £100 flat)

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.

Bankruptcy Petition - £ +VAT*

• Anticipated disbursements

Process server fees - £ plus vat

Court application fee - £280

Official Receiver Deposit - £990

Representatives fees - will depend upon hearing location, seniority and specialism

Winding Up Petition - £ + VAT

• Anticipated disbursements

Process server fees - £ plus vat

Court application fee - £280

Official Receiver Deposit - £1600

Representative’s fees - 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.

*Fixed fee includes one attendance at Court but does not include fees for court, process server, advertisement, Official Receiver, Land Registry, bailiff or barristers

Our services include:

Insolvency |  Commercial Litigation  |  Debt |  Solicitors fees  |  Judicial Review |  Probate  |  Share agreements  |  Business