Category Archives: Debt Recovery

Large Debt recovery

Just becasue a debt that is owed is large doesn’t mean that it needs to be dealt with any differently from the average debts. You can even issue claims for debt recovery in the county court for over £1m as i have done. The main difference is ensuring that the party that have bee sued…

1. What is a statutory demand?

A statutory demand is a special type of written request from a creditor (someone who is owed money) for payment of a debt. The person or company that receives the demand has 21 days to settle the debt or 18 days to ask the court to set aside (dismiss) the demand. The creditor may present…