Our cost for preparing a statutory demand will be as follows:
The statutory demand must be brought to the debtor’s attention and you are obliged to use all reasonable endeavours to do so. This includes (where possible) serving it on them personally. As a result, recommend that the statutory demand is served using a process server at a cost of approximately £100–150+VAT. This estimate is based on service being effected at the first time of asking. The fee will be more if service is to be attempted more than once.
- Issuing a winding up petition
Our fixed fee for drafting, filing and serving a winding up petition is as follows:
Additionally you would be required to pay the following costs and disbursements:
– £280 – Court fee;
– £1,600 – Official Receiver’s deposit.
– £20.00 + VAT – Search Fees
– £84.60 – London Gazette advertising fee
– £100 – £150 + VAT – Process Server’s fee
– £300 – £600 + VAT – for counsel’s fees per hearing
- Issuing and obtaining a bankruptcy petition
Our fixed fees for drafting, filing and serving a bankruptcy petition are as follows:
Additionally you would be required to pay the following costs and disbursements:
– £280 – Court fee;
– £990 – Official Receiver’s fee
– £20.00 + VAT – Search Fees
– £100 – £150 + VAT – Process Server’s fee
– £300 – £600 + VAT – for counsel’s fees per hearing