Statutory Demands
If a business owes you £750 or more and won't pay, a statutory demand is often the fastest route to force the issue - but get it wrong and you'll hand the
Statutory Demands
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What Is a Statutory Demand and When Should You Use One
A statutory demand is a formal written notice issued under the Corporations Act 2001 requiring a company to pay a debt of at least $4,000 within 21 days. Miss that…
How to Respond to a Statutory Demand as a Debtor
A statutory demand is one of the most serious pieces of paper a company can receive. Ignore it, and you hand a creditor the keys to a winding-up petition within…
Statutory Demand Time Limits - What Happens If You Miss Them
Miss a statutory demand deadline and you hand your opponent the keys to a winding-up petition. Statutory demand time limits are the hard clock that governs how long a debtor…
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