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Statutory Demand for Payment of a Debt
Sometimes debtor companies just don't pay unless they are forced to. For debts over the statutory threshold (as at 24 April 2020 the threshold is temporarily $20,000 but previously was $2,000) a statutory demand can often be a good way to compel a debtor to pay a creditor.
How this document can help you
This document is a statutory demand prepared using the form prescribed by the Corporations Act (509H). It is accompanied by accompanying affidavit Form 7.
What it includes
A statutory demand in the prescribed form and an accompanying affidavit in the prescribed form.
The Wizard includes a range of questions designed to make it easy for the documents to be completd, including questions regarding the name of the debtors and creditors, whether there is one debt or multiple debts, and information required to complete the accompanying affidavit by a director of the creditor.
How does it work?
Using our powerful document generation engine, Contract Instructor generates and customises legal documents using the responses that clients provide in completing our online wizard.
What you get
A report with the client's responses to the questionnaire together with the document that has been generated using your client's responses to the wizard. The document will be provided in Microsoft Word format for you to review and edit, as you consider necessary.
How much does it cost?
You charge your client whatever you consider appropriate for the legal document but pay us only $29.95 plus GST per document for using our wizard. The time you save using our wizard will makes drafting legal documents using Contract Instructor a complete game changer for your legal practice.
Payment only upon wizard completion
If the wizard is not completed, you don't pay anything. Once you or your client completes the wizard, you will be notified by email and sent a request to pay our fee of $29.95 plus GST. Upon payment you will receive a report with the client's responses to the questionnaire together with the document that has been generated using your client's responses to the wizard.
Frequently asked questions
Can I edit the wizard myself?
Can I edit the generated document?
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