Statutory Demand Advice in Surrey

At Fast Insolvency, we provide urgent, affordable advice to companies and directors who have received a statutory demand in Surrey. 

This legal warning is often the first step creditors take before issuing a winding-up petition, making it critical to act quickly in Surrey.

We offer rapid, low-cost advice on responding to statutory demands and protecting your business in Surrey.

Contact us today for free, confidential guidance from a licensed insolvency practitioner in Surrey.

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What Is a Statutory Demand in Surrey?

A statutory demand is a formal legal document issued by a creditor demanding payment of a debt of £750 or more in Surrey.

It gives a company or individual 21 days to pay, dispute, or come to an arrangement, otherwise, the creditor may apply to the court to force compulsory liquidation in Surrey.

How Much Does Statutory Demand Advice Cost?

Statutory demand advice in Surrey costs between £750 and £2,500, depending on how complex the case is and what action is required.

At Fast Insolvency, we provide affordable, fixed-fee advice in Surrey with no hidden charges. Basic guidance and document review can start from £750.

Full legal response preparation, dispute handling, or representation for setting aside the demand may cost up to £2,500 in Surrey.

If your company needs to enter a formal insolvency procedure, such as a Company Voluntary Arrangement (CVA) or Creditors’ Voluntary Liquidation (CVL) in Surrey, those services carry additional fees, which we clearly outline before proceeding.

Contact us today for a free consultation and a fixed quote tailored to your situation.

Why Have I Received a Statutory Demand in Surrey?

You’ve likely received a statutory demand because a creditor believes your company has failed to repay a legally due debt in Surrey.

It’s often used when other attempts, such as reminders or court action, have failed in Surrey.

Is a Statutory Demand Legally Binding in Surrey?

It is a formal step under UK insolvency law and must be taken seriously in Surrey.

If ignored, it can lead to your company being wound up by the court in Surrey.

What Happens If I Ignore It in Surrey?

If you take no action within 21 days, the creditor can apply for a winding-up petition in Surrey.

This can result in compulsory liquidation in Surrey, asset freezing, and the closure of your company.

How Do I Respond to a Statutory Demand in Surrey?

You must act within 21 days by paying the debt in Surrey, negotiating with the creditor, or applying to set aside the demand if the debt is genuinely disputed.

Getting advice from an insolvency practitioner at this stage is strongly recommended in Surrey.

Can I Dispute a Statutory Demand in Surrey?

If the debt is genuinely in dispute in Surrey.

You can apply to the court to set aside the demand, but you must act quickly and have clear evidence to support your claim in Surrey.

Can I Negotiate with the Creditor in Surrey?

You may be able to arrange a payment plan or propose a Company Voluntary Arrangement (CVA), especially if your business is viable but temporarily experiencing financial difficulties in Surrey.

What Is the Deadline for Action in Surrey?

You have 21 days from the date of service to take action in Surrey.

Failing to respond within this timeframe allows the creditor to escalate the situation by filing a winding-up petition in Surrey.

What Is the Risk to My Company in Surrey?

The main risk is compulsory liquidation in Surrey.

Your company may be closed by court order, with assets sold, employees dismissed, and directors investigated in Surrey.

Will It Affect My Personal Finances in Surrey?

If you’ve signed personal guarantees or committed wrongful trading in Surrey, the consequences could extend to your personal finances.

Otherwise, company debts are limited to the business entity in Surrey.

How Is a Statutory Demand Served in Surrey?

It can be delivered in person or posted to the company’s registered office in Surrey.

Proper service must be proven before the creditor can take further legal steps in Surrey.

What Is the Role of the Court in Surrey?

The court is not involved in issuing the statutory demand but becomes involved if you dispute it or if the creditor files a winding-up petition after the deadline in Surrey.

Is It Better to Enter Voluntary Liquidation in Surrey?

Choosing Creditors’ Voluntary Liquidation (CVL) gives you control over the closure process and avoids the risks of court-led action in Surrey.

Can HMRC Issue a Statutory Demand in Surrey?

HMRC frequently uses statutory demands in Surrey as a tool to collect unpaid VAT, PAYE, or corporation tax.

They are one of the UK’s most active petitioning creditors in Surrey.

What If I Don’t Owe the Debt in Surrey?

If you don’t owe the amount claimed in Surrey, you can challenge the demand by applying to have it set aside.

Do not ignore it, get legal or insolvency advice immediately in Surrey.

Will It Affect My Creditors or Clients in Surrey?

Once a statutory demand is escalated into a winding-up petition in Surrey, the case is published in the London Gazette.

This may damage your business relationships and freeze your bank accounts in Surrey.

Get Free Statutory Demand Advice Today in Surrey

If you've received a statutory demand, time is critical in Surrey.

Our licensed experts will assess your options in Surrey and help you take legal steps to avoid escalation.

Contact Fast Insolvency now for free, same-day advice and stop the situation before it becomes a winding-up petition in Surrey.

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