Creditor’s Statutory Demand

The minimum amount for the issue of a Creditor's Statutory Demand will soon be increasing from $2,000 to $4,000. The COVID19 pandemic amendments lifted the minimum to $20,000 before returning it to $2,000. With the minimum amount to issue a Bankruptcy Notice rising to $10,000, raising the CSD limit to only $4,000 seems disproportionate. [...]