Schedule of Fixed Debt Recovery Fees:

ACTION SERVICE FEE1 FILING FEE
(COURT COST)2
PROFESSIONAL COSTS
(GST INCLUSIVE)3
RECOVERABLE FROM DEBTOR4
Pre-Litigation
Letter of Demand NA NA $49.50 No
Statement of Claim5
$1 to $1,000 $67 $202 $300 Yes
$1,001 to $5,000 $67 $202 $450 Yes
$5,001 to $10,000 $67 $202 $600 Yes
$10,001 to $20,000 $67 $498 $750 Yes
$20,001 to $100,000 $67 $498 $POA Yes
Default Judgment
$0 to $1,000 NA NA $150 Yes
$1,001 to $5,000 NA NA $200 Yes
$5,001 to $20,000 NA NA $275 Yes
$20,001 to $100,000 NA NA $350 Yes
Enforcement of Judgment
Writ for the Levy of Property NA $866 $320 Yes
Garnishee Order NA NA $320 No
Examination Order $67 $176 $450 Yes
Examination Hearing NA NA $350 Yes
Arrest Warrant NA $866 $250 Yes
Winding Up Proceedings
Creditor’s Statutory Demand7 NA NA $440.00 Yes
Winding Up Proceedings8 NA $3,014.00 $3476.00 Yes
Bankruptcy Proceedings
Bankruptcy Notice9 $67 $470 $440.00 Yes
Creditor’s Petition10 $67 $3,475 $2,228.60 Yes

Notes:

1Service fee applies where the debtor is an individual. The quoted service fee only covers one service attempt. Additional service attempts will incur an additional fee of approximately $67 per attempt.
2Filing fee is on the basis that the creditor is a company. If the creditor is an individual then the filing fee will be half of the amount quoted (other than the filing fee for the writ for the levy of property and arrest warrant).
3All professional costs are on the basis that the matter is not defended or opposed. All action taken in defended or opposed matters is charged out at an hourly rate and is generally recoverable if a Judgment is awarded by the Court, subject to assessment.
4Approximately 85-95% of costs are recoverable in undefended matters as court orders in respect of costs are discretionary and may also be made in accordance with the relevant court scale.

5Statements of Claim where the debtor is a company will also incur a company search fee of $14.70 (plus GST).
6The quoted filing fee covers one attempt by the sheriff to execute the writ/arrest warrant. Additional attempts to execute the writ/arrest warrant will incur an additional cost of $86 per attempt.
7Creditor’s Statutory Demands will also incur a company search fee of $14.70 (plus GST). The costs of the Creditor’s Statutory Demand are recoverable from the debtor upon the making of an order by the court, and are subject to taxation of a Bill of Costs by the Court.
8Winding Up Proceedings will also incur company search fees of at least $29.40 (plus GST) and an advertising fee of $156. The quoted professional costs include one court appearance. Any additional court appearances will incur a cost of $350 (plus GST) per appearance. The costs of Winding Up Proceedings are recoverable from the debtor upon the making of an order by the court, and are subject to taxation of a Bill of Costs by the Court
9Bankruptcy Notices will also incur a bankruptcy search fee of $23.30 (plus GST) and a filing fee for obtaining a sealed copy of judgment of $58. The costs of bankruptcy notices are recoverable from the debtor upon the making of an order by the court, and are subject to taxation of a Bill of Costs by the Court.
10Creditor’s Petitions will also incur bankruptcy search fees of at least $46.60 (plus GST). The quoted professional costs include one court appearance. Any additional appearances will incur a cost of $350 (plus GST) per appearance. The costs of Creditor’s Petitions are recoverable from the debtor upon the making of an order by the court, and are subject to taxation of a Bill of Costs by the Court.

 

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