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

Effectively Dealing with Shareholder Disputes
An issue we are seeing more frequently is minority shareholders views’ being disregarded by the majority shareholder. This typically occurs when there are no shareholder agreements and the majority shareholder believe it is their ...
Dealing with Letters from Liquidators
Liquidators frequently send demand letters. Some are meritorious demands. Others are no more than a ‘shakedown’ to get recipients to pay. Knowing the difference is crucial to determining the appropriate strategy in response. In ...
Two Steps to take in a Struggling Business
If you are an owner of a struggling business, there are TWO THINGS you need to be doing right now. In this video, Brent Norling discusses these two things which will have a meaningful impact on your business. Whether your issue is ...
Page 3 of 18