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I have come to rely on Master Club as a key component in the management of my business, not only through the debt collection service, but also through access to a legal manager.
Bob Marshall, Managing Director, Health and Leisure Club |
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Master Club reduces the cost of litigation.
Master Club membership reduces the cost of litigation and based on a desktop survey solicitors cannot compete with the benefits membership offers:
Legal action or other |
Solicitors fee |
Master Club fee |
Letter of Claim |
£7.50 + VAT |
No collection, no fee |
Pre-legal correspondence and telephone calls |
£165 + VAT per hour |
No collection, no fee |
Credit report |
£120 + VAT |
Nil |
Preparation of County Court Claims £200 - £50,000+ |
£80 to £730 |
Nil |
Enter a CCJ and issue of warrant of control |
£22 - £30 |
Nil |
Applications as follows: |
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For Order for Information |
£115 |
Nil |
Attachment of Earnings |
£95 |
Nil |
Third Party Debt Order |
£750 |
Nil |
Charging Order |
£550 |
Nil |
To issue a warrant of Possession of property or land |
£505 |
Nil |
Defended Actions |
£190 + VAT per hour |
See note 1 below |
Legal Advice |
£190 + VAT per hour |
Nil |
Instructing Counsel and Agents |
£165 + VAT per hour |
Nil |
Note 1 - Defended Actions
To avoid disproportionate costs for claims up to £5,000, costs are fixed. For claims at £5,000 or above top city solicitors at discounted rate of £180 plus VAT an hour.
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Master Club will make even greater savings for businesses that issue more than two claims a year because legal cover is unlimited.
Master Club costs less than half of what a business would usually be charged by a solicitor for one complex defended action worth £3,000.
To find out how we can help you please call us 0844 669 6238 - we will give you a free consultancy session to review your credit management systems and outstanding debts. |
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