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.