Issuing a Statutory Demand
The documents in this folder have been drafted to help businesses who are owed money by their customers. If you are in this position, the ideal place to start is the Guidance Notes: Debt Recovery and Taking Legal Action. These Guidance Notes run through possible courses of action when debts are outstanding.
This folder is concerned with statutory demands. A statutory demand gives a debtor who owes more than £750 a period of 21 days to pay the debt. After this, the creditor can present a bankruptcy petition (for an individual debtor) or a winding-up petition (for a company debtor).
These Statutory Demand documents also appear in the Insolvency section of our Corporate documents folder (under Company Secretary and Administration).
All these documents are professionally drafted, are in Microsoft Word format and can be edited as required.
These Issuing a Statutory Demand Documents are part of the Business Documents Folder. Just £35.00 + VAT will provide you with 1 year's unlimited access to download all/any documents from the Business Folder.