Bankruptcy · Insolvency & Dispute Resolution
If you have been served with a statutory demand, urgent action may be required. An application to set aside the demand may be available where the debt is disputed, overstated, procedurally defective or subject to a genuine counterclaim.
Not all statutory demands are valid. A statutory demand may be challenged where there is a genuine dispute, procedural defect, excessive charge, counterclaim or set-off.
Time is not on your side. You may only have 18 days to apply to set aside a statutory demand, and after 21 days a creditor may seek to issue a bankruptcy petition or winding-up petition.
Early legal intervention can help assess the demand, prepare evidence, challenge the creditor’s position and avoid unnecessary escalation.
A statutory demand should not be ignored. If the deadline is missed, the creditor may use the demand as evidence of insolvency and take further action.
We can advise on the merits of an application, prepare evidence, respond to creditor pressure and act quickly where insolvency proceedings are threatened.
For urgent advice on disputed debts, statutory demands or threatened insolvency proceedings, contact us promptly.
Bankruptcy, insolvency and dispute resolution information led by Gurvir Birang.
Call 0207 889 0100 for a free consultation today.
West London Law Limited does not provide reserved services to the public.
Gurvir Birang is a practising solicitor, founder, litigator and bankruptcy expert, authorised and regulated by the SRA. Gurvir Birang practices from Spencer West LLP. Spencer West LLP is authorised and regulated by the SRA.
West London Law is a trading name of West London Law Limited, registered in England and Wales (company number 06776937).
West London Law was set up in 2003 and became non-regulated in 2020 and is no longer a firm of solicitors. This website is for marketing purposes only.
Disclaimer. Information on this website does not constitute legal advice and should not be relied upon as it does not provide a complete statement of the law. Specific legal advice should be sought and tailored to your particular circumstances.