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Understanding Statutory Demand
A written request for the payment of debts that are owed by a company is called a Statutory Demand. In some cases a statutory demand for payment of debts are used by companies as a tool for debt collection. We will look at how Statutory Demands work and when it’s appropriate to use these demands.
Statutory Demandsare quite simple to comprehend. When a Statutory Demand is served a company must do…
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