We are the
Creditor's Statutory Demand Specialists
Who We Are
We are the Creditor’s Statutory Demand Specialists.
Whether you are considering issuing a Creditor’s Statutory Demand or you have recently been served with a Creditor's Statutory Demand, our team is here to help you.
If you have been served with a Demand, Contact Us today to arrange a free consultation with one of our panel solicitors.
If you are considering issuing a creditor’s statutory demand, try our free Creditor's Statutory Demand Generator.
What Is A Creditor's Statutory Demand?
A creditor’s statutory demand is a formal demand made by a creditor against a debtor company in reliance upon a debt that is more than $2,000.
The debtor company must comply with the creditor's statutory demand within 21 days from the date of service by paying the debt referred to in the demand or applying to set aside the demand.
Should I Issue A Creditor's Statutory Demand?
Prior to issuing a creditor’s statutory demand, you should consider the following important factors:
– Is the debtor a registered Australian Company?
– Does the debtor owe me more than $2,000 Australian Dollars?
– Is there any dispute about whether or not the debtor owes me the debt?
Given the severity of these types of demands, we generally recommend obtaining legal advice prior to issuing a creditor’s statutory demand.
Contact Us today to speak with one of our panel solicitors to discuss whether issuing a creditor’s statutory demand is appropriate for you.
What Should I Do If I Have Been Served With A Creditor's Statutory Demand?
Be proactive because time is against you.
If you believe that there is a dispute about the debt or there is some reason why the creditor’s statutory demand is improper, then Contact Us today to speak with an Australian Solicitor about
If the Statutory Demand is not responded to within the 21 day period, the debtor company will have committed an act of insolvency and may be wound up by an order of the Court.
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Contact Us today to see how we can help you recover your debts.