Statutory demand based on judgment
A statutory demand based on judgment is a powerful and yet costs effective way to enforce a court judgment. The reason for this is that the statutory demand debt cannot be disputed because it is based on a formal court judgment. The fact that there is a judgment debt removes any issues over the statutory demand validity.
A statutory demand based on court judgment is a quick and effective way of trying to enforce a judgment. You will soon find out whether the judgment debtor is able to pay or not and it can be quicker doing it this way than enforcement by way of the High Court Enforcement Officer.
Even a debtor who tries to “duck and dive” paying its debts will realise that failure to pay on a statutory demand can lead to a winding up petition (company) or a bankruptcy petition (individual). Therefore, a statutory demand based on judgment is a good and relatively low cost way of seeking to recover an outstanding court judgment debt.
Contact expert statutory demand solicitors now
Please contact one of our expert statutory demand lawyers now for your consultation. At Francis Wilks & Jones, we have all the statutory demand experience needed to deal with any type of statutory demand problem. We offer fast and effect statutory demand advice, whatever your situation. Call now for a friendly consultation.
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