I am getting an increasing number of calls from people who have been served with statutory demands by Frederickson International. These demands are often based upon debts from credit card companies bought in by Frederickson International. Frederickson International as a debt purchaser will have paid a few pence in the pound for your debt. They then seek to recover their outlay as quickly as possible by placing pressure on a debtor to repay as soon as possible. One tactic which they use is to serve a statutory demand upon a debtor. They do this by serving the demand by post on the debtor. It is imperative not to ignore a statutory demand. You have only 18 days to apply to set aside the demand, and after 21 days the demand can be followed by a bankruptcy petition. Ordinarily a demand should be personally served. It is my personal belief that the demand…

March 9th, 2010
Money maker
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