Topic: Statutory Demand
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Answers to Common Questions
What is statutory demand?
It is the final act before a Petition in Bankruptcy is presented to the Court made. Do not mess about or ignore it if you get one , It is almost the end of the line. Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20080808082751AAL4...
Who do i serve a statutory demand on?
This is a problem where the people you are dealing with are not a registered limited company. They may have a company name but that would not constitute a legal entity. You will therefore have to chase the individuals themselves and if, as ... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20071204050035AA6b...
What is the actual process for getting a Statutory Demand set-asi...
Originally Posted by percyhat Hi everyone ! I recently received a Statutory Demand and the last day of the deadline for having it set-aside is tomorrow. I am reasonably confident of my (multiple) grounds for it being set aside and I realize... Read More »
Source: http://www.consumeractiongroup.co.uk/forum/showthread.php?161019
More Common Questions
Answers to Other Common Questions
Hi everyone. 1st credit must have been very busy this week, I have also received a Statutory Demand from 1ST Credit (finance) Ltd for an MBNA debt assigned to 1st Credit. Now I don't recognise this Mbna debt and they have not included any p...
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Source: http://www.consumeractiongroup.co.uk/forum/showthread.php?152523
A statutory demand has to be in a set format, and must be served personally. You can find the form of a statutory demand at http://www.insolvency.gov.uk/forms/englandwale sforms.htm It is Form 6.1
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Source: http://www.theanswerbank.co.uk/Business-and-Finance/Question24939...
We get lots of calls to the office from people who have been served with statutory demands via the post from debt collection agencies, such as 1st Credit, Connaught, Lowells, Robinson Way and Cap Quest. Many are confused as to what they sho...
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Source: http://ezinearticles.com/?How-to-Deal-With-a-Statutory-Demand&id=...
Debt collectors across the UK are bombarding people with statutory demands and stating that they may make a person bankrupt of they do not pay the amount claimed. Before you cave in to their demands read these points. Underlying any statuto...
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Source: http://ezinearticles.com/?How-to-Write-Off-a-Statutory-Demand&id=...
Creditor's insolvency might describe where a creditor takes action against a debtor in respect of debts owed by that individual or company. The action taken by the creditor, to recover what is due might be by way of service of a statutory d...
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Source: http://ezinearticles.com/?Creditors-Insolvency---How-to-Deal-With...
The procedure is simple and all you need to do is complete a short form. There is no need for personal delivery. You do not need a legal representative There are no fees to issue a Statutory Demand. 99% pay before any further petition is re...
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Source: http://www.inbrief.co.uk/preparing-for-trial/statutory-demand.htm
If the Creditor can afford to carry out the bankruptcy petition and will do so. If you are a home owner or have valuable assets and the creditor knows this. If your reputation is at risk, should the demand be made public.
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Source: http://www.inbrief.co.uk/preparing-for-trial/statutory-demand.htm
