We assist Creditors by serving Statutory Demands upon Limited Companies who owe money.

A Statutory Demand is a document that requests that the Company being served (‘the Debtor Company’) pays a debt, or comes to an arrangement about repayment, then the person serving the Demand (‘the Creditor’) can start proceedings to wind the Debtor Company up.

The Debtor Company usually has 21 days to contact the Creditor and make payment or come to an arrangement with the Creditor. If the Debtor Company does not pay the debt, or make an arrangement with the Creditor, then the Creditor can start winding up proceedings by filing a petition with the Court.

The Creditor will not be successful with a winding up application if there is no evidence that the Statutory Demand has been correctly served upon the Debtor.

That’s where we come in.

What form do you need to use?

If you are serving a Statutory Demand on a Company that owes you money you need to use form SD1.

Whats the minimum debt that I can demand?

You can use this form for any Limited Company that owes you £750 or more.

INSTRUCT US

What we do to help Creditors

We’re regularly instructed to assist Creditors in their collection activity by effecting personal service of Statutory Demand upon Limited Companies.

If you want us to assist you in serving a Statutory Demand upon a Limited Company, click on the ‘Instruct Us’ button.

We are Lincs Process Servers

We serve legal documents all over Lincolnshire, Cambridgeshire and Nottinghamshire for a fixed fee. We assist our creditor partners and their professional advisors with their debt collection by providing field services aimed at driving recoveries, delivering intelligence and maintaining the customer-supplier relationship.

If you, or one of your clients, would benefit from this approach, get in touch.