Statutory demand form and notes: service on an individual
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this pack of forms
A statutory demand can be an incredibly powerful debt collecting device. The law assumes it merely paves the way for a bankruptcy petition, but the threat alone can spur repayment from the most obstinate debtor. Used under the right circumstances, you shouldn’t need to go any further than issuing the initial paperwork.
Furthermore, the procedure to issue a demand is very easy to follow. Using these forms, the guidance and the letter in this pack you should be able to issue a demand yourself without needing to involve solicitors or pay court fees.
You can use these forms and guidance to serve a notice on any individual. If you are trying to recover debts from a business partnership (but not a limited liability partnership or LLP), you can serve the notice on any partner as if you were recovering the debt from an individual. It is usual to pick the most senior partner, but you can pick any. Just make sure you pick a person who does have the wealth to repay you.
If you are trying to recover debts from a company or a limited liability partnership, then these forms are more suitable.
The format of these forms
We provide you with three versions of form 6.1 under section 268(1)(a) of the Insolvency Act 1986.
Some of the text in the forms is laid down in the Insolvency Act 1986, and therefore must be left precisely as it is. We have made clear what that is.
The format and layout are not laid down, so we are able to provide our own user friendly version of the form.
When to serve a debtor
Demands are not served as often as they could be. A common misconception is that a solicitor is needed to prepare the forms, or that it is a difficult process or that serving one is a certain path to litigation. In fact, in the right circumstances it is a fast and efficient way of collecting a debt that can be undertaken by anyone.
The key is that your debtor has to believe that you will take the process further to bankrupt him if he fails to pay. We advise that you should take that step if you need to do so, but you will find that in most cases you will not have to go further than a statutory demand. Now consider these points:
By law, the debt must be at least £750. There is no cost or filing or registration necessary.
But if your debtor is to believe you will bankrupt him, you have to make him see that it will be worth your while. That means covering the fee on the bankruptcy petition, of £190, a further £600 for the petition deposit, and maybe more for the risk of litigation. So we suggest that the minimum amount that you should pursue is £2,000.
You will not be paid if your debtor truly does not have the money. However, it is amazing how money is found when a creditor really presses hard.
You have to be certain that what is owed is a simple money debt. You cannot issue a statutory demand for a case that could need a judge to decide.
It goes without saying that you should not expect to have an on-going relationship with the debtor.
You should reckon that your debtor is likely to repay you rather than risk his reputation. This is true of most people who borrow for personal use (such as a mortgage) but it is also true of people who run a business that relies on credit.
Pack features and contents
We provide three versions of the forms:
The “traditional” form in PDF format to print and complete by hand
The “traditional” form in Microsoft Word format to complete on your computer and then print
Our own version, which we believe is easier to complete on your computer
There is full example text completed in our version to guide you with the wording you might use.
Also included in the pack are:
- Guidance notes to help your further on how to complete the forms and serve notice
- An example letter you might send to your debtor with the form
- A statutory declaration
This document was written by a solicitor for Net Lawman. It complies with current English law.
What other customers thought
Average customer rating
By Stuart Beaver 16 December 2014
This was the first time I have had to deal with a statutory demand. Rashid dealt with my account. Every time I emailed him to query it he was onto it and dealt with the question I had straight away.Could not fault the service I got from your company Andrew, it makes a nice change to deal with somebody so professional.
My new debt recovery company is off to a flying start so I am sure I will be dealing with you again and again.
All I can say is many thanks to you all. 10/10 for your service!!!
By DERRICK MATTHEWS 15 July 2013
Fast and efficient
By Andrew Allison 15 April 2013
Clear and easy to use.
Professional result saving £££'s on legal fees.
By Ian Clifton 29 August 2016
Very helpful for me to understand and use.
"I have used you in the past and am always impressed!"Diane Bantten (Acquit Debt Recovery)
"I used Netlawman.co.uk to pre-work some contracts for my lawyer. He came back stating that the forms were 'excellent' and saved me several billable hours."Chris T.
"Great resource for a small business like ours. Affordable and professional legal documents that would otherwise cost us a bundle."Garry