{"id":364,"date":"2018-08-28T11:19:38","date_gmt":"2018-08-28T11:19:38","guid":{"rendered":"https:\/\/isquaredemo.com\/MLT\/threegraceslegal\/minimum-debt-for-statutory-demand\/"},"modified":"2018-08-28T11:19:38","modified_gmt":"2018-08-28T11:19:38","slug":"minimum-debt-for-statutory-demand","status":"publish","type":"post","link":"https:\/\/isquaredemo.com\/MLT\/threegraceslegal\/blog\/minimum-debt-for-statutory-demand\/","title":{"rendered":"MINIMUM DEBT FOR STATUTORY DEMAND"},"content":{"rendered":"<p><strong><img fetchpriority=\"high\" decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Statutory demand \" src=\"https:\/\/isquaredemo.com\/MLT\/threegraceslegal\/wp-content\/uploads\/2025\/10\/how-to-withdraw-a-statutory-demand.png\" alt=\"Statutory demand \" width=\"512\" height=\"497\" \/><\/strong><\/p>\n<p><strong>What is the minimum amount of demanded debt in a statutory demand? <\/strong><\/p>\n<p>For corporate debtors the minimum amount is \u00a3750.<\/p>\n<p>For individual debtors the minimum amount is \u00a35,000 \u2013 Under the Insolvency Act 1986 (Amendment Order 2015) which was revised on 1<sup>st<\/sup> October 2015.<\/p>\n<p>Although the sum of \u00a3750 still applies to bankruptcy petition prior to 1<sup>st<\/sup> October 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the minimum amount of demanded debt in a statutory demand? For corporate debtors the minimum amount is \u00a3750. For individual debtors the minimum amount is \u00a35,000 \u2013 Under the Insolvency Act 1986 (Amendment Order 2015) which was revised on 1st October 2015. Although the sum of \u00a3750 still applies to bankruptcy petition prior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-364","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MINIMUM DEBT FOR STATUTORY DEMAND<\/title>\n<meta name=\"description\" content=\"What is the minimum amount of demanded debt in a statutory demand?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isquaredemo.com\/MLT\/threegraceslegal\/blog\/minimum-debt-for-statutory-demand\/\" \/>\n<meta property=\"og:locale\" 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