Q&As
Where a claimant issues a statutory demand to enforce a judgment debt after 28 days, can the debtor/defendant (individual) apply to set aside the statutory demand or apply to the court to vary the payment terms of the judgment debt after the statutory demand has been served?
For the purposes of this Q&A we have limited our research to cover the situation in which the defendant participated in the proceedings.
Setting aside
An application to Set aside a statutory demand can be made under Rule 10.4 of the In (IR 2016), SI 2016/1024.
The grounds for setting aside a statutory demand are provided in IR 2016, SI 2016/1024, r 10.5(5). They are:
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the debtor has a counterclaim, set-off or cross-demand in an amount which equals or exceeds the debt
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the debt is disputed on substantial grounds
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the creditor is a secured creditor who has not waived their security, or
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the
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