At LCollect we believe that knowledge is power. Every month our debt collection blog gives you practical tips, stories and news from around Australia and the world.
We have recently updated the Bankruptcy / Company Winding Up section of our website and now included is the issuing of a Statutory Demand 459E notice.
We see this Statutory Demand as a powerful notice, as there is a presumption of insolvency against the company it is issued against if no response is received.
We hope you find this general guide to the Statutory Demand useful.
Please note that the information provided in this overview does not constitute legal advice, but rather is provided to Creditors as an overview of the steps that could be taken to obtain payments in collection of a debt.