Receiving a Statutory Demand from a creditor

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Have you received a Statutory Demand from a creditor and are not sure what to do?  This means the legal debt recovery process has begun and you will need to act quickly within the 15 business days stipulated in the statutory demand paperwork.  You can choose to either dispute the debt, pay the debt in full, work out a payment plan with the creditor to repay the debt if there is agreement on both sides, or not pay the debt at all.


Debt Solvers has helped hundreds of New Zealand businesses who have received a statutory demand find solutions to their unique financial challenges.  We have the knowledge, training, and expertise to help you and your company if you are facing insolvency or liquidation.  Give us a call today to discuss the right option for you if you have been given a statutory demand and are unsure what the next steps should be.


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