# STATUTORY DEMAND LETTER
Date: 10 June 2031
Parties: Cedar Finance Limited and Oliver Grant
## 1. Purpose and parties
Cedar Finance Limited serves Oliver Grant with a statutory demand for £18,750 due under a signed personal loan dated 5 September 2029. The demand identifies the agreement, advances, payment history, interest calculation and the date on which the debt became due.
## 2. Facts, scope and terms
The creditor says the debt is presently due and not genuinely disputed, but invites Oliver to contact its recovery officer with a proposal. The demand is not a casual reminder: if the debt is not paid, secured, agreed or otherwise resolved, Cedar may consider insolvency proceedings and other lawful remedies.
## 3. Process and responsibilities
The statutory demand uses the prescribed form and states the period and address for payment or contact. It explains that an individual who wishes to apply to set aside must check the applicable Insolvency Rules time limit and grounds, including a substantial dispute, counterclaim, defect in service or other statutory reason, and should obtain urgent advice.
## 4. Evidence, records and safeguards
Cedar encloses the loan agreement, statement, default notice and service record. It will preserve the original demand and proof of service, credit payments promptly and correct an accounting error if identified. Personal financial information is shared only with advisers, court or enforcement professionals who need it.
## 5. Review, escalation and outcome
Oliver may pay the full sum, propose security or instalments, dispute the debt in writing or seek legal advice. A set-aside application is made to the appropriate court and is not automatic merely because Oliver disagrees. Cedar may withdraw or agree terms in writing but does not promise not to present a petition.
## 6. Reservations and practical protections
The demand does not itself make Oliver bankrupt, create a possession order or authorise an enforcement agent to enter his home. It does not waive defences, limitation arguments or any valid consumer-credit requirement. Oliver should not ignore it, transfer assets to defeat creditors or sign a settlement he does not understand.
## 7. England and Wales law and completion
England and Wales insolvency law applies. The demand is dated 10 June 2031 and served personally at Oliver's last notified address, with a copy by post as a separate permitted method. Cedar's authorised officer signs the prescribed demand and records service; the fictional example is not a prediction of bankruptcy.