Statutory Demands Archives

Part 3: The Creditor and the Statutory Demand

Discover the intricacies of Statutory Demands in the third part of our series. Learn about common errors that could render a demand invalid, such as incorrect amounts and disputes. Understand your rights as a debtor, and explore strategic alternatives like Voluntary Administration. This article offers essential insights for small business owners facing a Statutory Demand.

Part 2: The life cycle and purpose of a Statutory Demand

Whether you have just received a statutory demand or are concerned about the possibility of one, our Statutory Demands blog series will serve as your practical roadmap through the process. Part 2 takes a look why a creditor issues a Statutory Demand and what must take place to ensure it has been served properly.

Part 1: The arrival of a Statutory Demand

Whether you have just received a statutory demand or are concerned about the possibility of one, our Statutory Demands blog series will serve as your practical roadmap through the process. In part 1, we take a look at the important information on a Statutory Demand that you must address.

Creditor Compromise: Is it the right move for your business?

Strategic timing is crucial when your business faces financial pressure. As insolvency specialists, we know early intervention opens up more options for recovery and restructuring. BWA Insolvency has guided countless businesses through financial difficulties, and we’ve seen how timing and knowledge can make all the difference.

Business downturn doesn’t have to mean business failure

Facing business difficulties? Discover how strategic planning and expert guidance can help you avoid liquidation and steer towards recovery. Our insolvency expert shares tips on the areas of business you need to address in New Zealand’s challenging market. Find out how acting fast can save your business.

Liquidation or Restructure? How to make the right choice for your business

Do you need to make a decision between company restructuring and the liquidation process? Read insights from an insolvency expert on ways to choose between liquidation or restructuring and evaluating business viability, helping you make an informed choice for your company’s future.