The Ministry Of Justice has been consulting on the possibility of lifting the cap on court fees for the recovery of money from £10,000 to a potentially unlimited amount. These changes would leave many small businesses unable to reclaim unpaid invoices, landlords unable to reclaim unpaid rents and bereaved individuals unable to settle disputes over Wills.
As an Associate member of the Chartered Institute of Legal Executives, we accept the need for the Government to cover costs and to provide value for money to the taxpayer. However, further increases to court fees may hinder access to justice for many, placing basic legal rights out of the reach of thousands of businesses and landlords.
Such a dramatic increase in upfront costs may well affect claims made by individuals and commercial businesses as there will be many cases where a mediator’s fee is likely to be lower than the court issue fee.
At the start of this year a claim for £200,000 would have cost £1,515. From March 2015, that increased to £10,000. Further proposed increases will take the fee up to £20,000 – an increase of 1320%.
If you want to know more about how these possible fee increases could affect you, or to talk to us about any unpaid invoices you have, contact the Recovery Solutions team today on 01228 713070.
Posted: February 16th, 2016