We specialise in challenging trustees’ costs. We scrutinise the manner in which trustees’ costs are incurred and have dramatically reduced these through the process of settlement discussions, often without the need to proceed with expensive court action.
We routinely write to trustees in bankruptcy and require them to provide us with specific information in relation to their time costs, including breakdowns and supporting time schedules. We then consider these documents carefully and independently assess these costs. We regularly successfully renegotiate these costs without the need for expensive court action and we find that trustees and their solicitors very often adopt a sensible stance after we become involved by recognising the need to significantly lower costs.
As part of this negotiation process in reducing trustees and their solicitor’s costs, we focus upon the need for the work being carried out, the personnel deployed on the case and the amount of time spent.
Under the current law, only creditors and the bankrupt have a right to challenge a trustees’ remuneration. However, in exceptional circumstances, we also act for the bankrupt’s wife in bringing a costs challenge where she wishes to annul her husband’s bankruptcy order and pay the claims and costs of the bankruptcy in full to save the family home.