Separation and Divorce can be one of the most difficult times in a person life. Not only do they have to deal with their marriage breaking down, but they also have to try and keep on a brave face for …
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Statutory Demands in the Corporations Act and the Security of Payment Legislation
A Creditor’s Statutory Demand for payment of debt is a demand, in a prescribed form (referred to as a Form 509H), made under section 459E of the Corporations Act 2001 (Cth). This presents a fast …
Surviving a Statutory Demand
A company served with a formal demand for payment of a debt, known as a creditor's statutory demand, has three options to avert insolvency action being taken. The first thing a company can do is to …
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