Statutory Demand

(NOTE: This is an opinion – not one of a solicitor).

The Statutory Demand is a formal document drawn up by a solicitor.

The debt must be over $2,000 and must not be disputed.

To ignore this could prove costly – as one can be sued for damages.

Statutory Demands are effective in getting a debt paid fast.

Once the Statutory Demand is served, the company has just 21 days to pay or

faced being would up in the Federal Court.

First International Debt Collection

enquiries@fidc.com.au

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Licensed bonded debt collection agency. ABN: 38 091 890 570 Member of Institute of Mercantile, Agents Australia Collectors Association, Mercantile Agents Association
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