What is a Creditor’s Statutory Demand?
The minimum balance of $4,000 to issue a Creditor's Statutory Demand has commenced. What is a Creditor's Statutory Demand? Well, a Creditor's Statutory Demand is a demand for payment issued pursuant to the Corporations Act 2001 that requires payment within 21 days of service of the Demand. The recipient could also negotiate an arrangement [...]