Last Updated on 15 June 2022

By norlinglaw

If you receive a statutory demand, it triggers some very onerous timeframes for you to take action, especially if the debt is disputed.

There is a tendency to ignore the demand for a couple of weeks. That is a bad idea.

So in this video, we discuss what to do if you receive a statutory demand.

In this video, Brent Norling discusses the steps the business owner ought to follow to ensure no onerous consequences follow.

If the debt is disputed, there is a process to set aside the statutory demand that can only be taken in tight timeframes.

If you find yourself in this situation, we offer a free 30-minute legal consultation where we can discuss the issues and the best strategies to move forward. You can book here:


You may also like

An Alternative Way to Resolve a Shareholder Dispute
Shareholder disputes can be toxic. It can result in: Creditors not being paid; Staff not being paid; Directors taking remuneration they are not entitled to; Transactions occurring without consent; Loss of key suppliers or ...
Voidable Transactions: Lawyer and a Liquidator Perspective (Intro Video)
Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law sat down to discuss a very controversial area of insolvency law, voidable transactions. It seems very unjust when a liquidator requires you to repay money you ...
Voidable Transactions: Lawyer and a Liquidator Perspective
Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law sat down to discuss a very controversial area of insolvency law, voidable transactions. It seems very unjust when a liquidator requires you to repay money you ...
Page 13 of 18