Home > FAQ > Business Law FAQ'S > What happens when a statutory demand is set aside?

When a statutory demand is set aside it can no longer be relied upon by a creditor. Where we obtain a court order setting aside a statutory demand we usually also seek a cost order that the creditor should pay the debtor’s costs.

Back to previous content
Who Is Liable for Debts in a Limited Company? Read More
Can I serve a statutory demand if the debt is regulated by the Consumer Credit Act 1974? Read More
Are contracts valid even if they aren’t written down? Read More