Friday, June 15, 2012

I am owed money: When do I get paid? after settlement of a Statement of Claim or judgment?

If you are owed money and the debtor is ignoring your letters of demand for payment, you need to lodge a statement of claim with your local court. The debtor has an opportunity to defend the claim but if they do not acknowledge the debt, the court will declare a judgment in your favour for payment of your debt.

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