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Personal Bankruptcy and the steps to be taken before issuing a Bankruptcy Notice

Monday, May 19, 2014 - Posted by Philip Harvey

Now included in the resources section of our website are the steps to be taken before issuing a Bankruptcy Notice.

In summary;

  • Issue any compliance related notices and wait until they expire unsatisfied
  • Issue a final demand for your debt
  • Have a lawyer and or a Mercantile Agent issue a final demand on your behalf for your debt.
  • Commence Proceedings in the relevant court
  • Obtain Judgment

Please note that your specific circumstances may require additional steps and that this is a generic workflow. You should contact us to discuss your specific circumstances.

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