Resolved Question

How do I let the banks, credit reference agencies, and other public interest groups know of a statatory demand?

Am owed £1800 from a company I done work for and he wont pay. So I intend to issue him with a statatory demand. But on a web page it coments that this will work because companies are "SO SHREWD THEY USE VARIOUS INTERNET SITES TO LET CREDIT REFERENCE AGENCIES BANKS AND OTHER PUBLIC INTEREST GROUPS KNOW OF A STATATORY DEMAND".

So does anyone now how I find these sites. The bastard who owes me money has atleast 6 failed companies already. Only in the UK would you be allowed to get away with opening up comany after company running them into the ground and walk away.

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Best Answer - Chosen by Asker

There may be companies that keep tabs on stat demands, but it's not of any direct use really. The idea behind a stat demand is that the company has 21 days to pay the money, and if they don't, you can then apply to have the company made insolvent. THAT is where the credit reference agencies etc would be notified.

If you apply to have the company wound-up, it can defend the application if the debt is disputed.

If the director of the company has 6 failed companies already, and you can prove he didn't run this company correctly, you could also *possibly* sue him personally (as opposed to the company). I'd suggest contacting a solicitor about that.

I'd also suggest getting in touch with Trading Standards, the OFT, and/or your local council for further help.

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