STATUTORY DEMANDS: A USER'S GUIDE ( 2025 EDITION )

A statutory demand is a formal written demand for payment used in insolvency-related debt recovery. It can be served on an individual or a company and is often used before bankruptcy or winding-up proceedings are considered.

For creditors, a statutory demand can be a powerful tool where a debt is due, undisputed and unpaid. For recipients, it is a serious document that should not be ignored. Strict time limits apply, and the way the demand is served and evidenced can become important if the matter later reaches court.

Professional service helps demonstrate when, where and how the demand was brought to the debtor's attention. This can reduce disputes and give the creditor better evidence if further insolvency steps are required.

Since 2015, Tracenet Legal Services has managed and effected service of thousands of statutory demands across the country. We provide business-to-business litigation, insolvency and recovery support directly to legal teams, debt recovery professionals and commercial creditors.

We are not solicitors and cannot provide legal advice, but we have extensive experience in the practical process of serving statutory demands and reporting the outcome clearly. If you need assistance arranging service of a statutory demand, call 0800 048 5684 or contact us for nationwide support.