Hello, welcome to the website. My name is Tony, I can assist you with this.
i have just found out that my brother has not been issued with a statutory demand. he has been asked to repay the loan within ten days by a firm of solicitors acting on behalf of the bank.
so he is just at the stage before being issued with a statutory demand. The value of the assets held by the bank far exceed the amount of the loan. in these circumstances can he not apply to the court to have the statutory demand set aside if a statutory demand is issued?