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Monday, 25 July 2011

What is a statutory demand?

A statutory demand is a demand to recover a debt.  It is usually the precursor, following a County Court Judgement (CCJ), to issuing a winding up petition against a company.  Consequently, it needs to be taken very seriously.

See our new page on the significance of a statutory demand and what you can do about it on our website.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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