You can make a statutory demand to ask for payment of a debt from an individual or company.
Anyone who’s owed money can make a statutory demand and you don’t need a lawyer.
Making a money claim online may be quicker and cheaper than issuing a statutory demand.
When someone receives a statutory demand, they have 21 days to either:
- settle the debt
- reach an agreement to pay
If they don’t make an agreement, you can start:
- bankruptcy proceedings (against individuals who owe £750 or more)
- winding up a limited company that owes more than £750
Read the guidance on statutory demands.