Course description
The threats of bankruptcy action or winding-up proceedings are some of the most serious a debtor can receive.
During this unmissable 1-hour webinar, Krystene Bousfield will look at the process for service of statutory demands and bankruptcy petitions from start to finish, addressing in detail what needs to be done to ensure effective and efficient action for creditors.
This webinar will cover the recent case law, what happens if you cannot comply with the requirements, the costs involved, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The threats of bankruptcy action or winding-up proceedings are some of the most serious a debtor can receive.
Huge sums of money, and indeed the future of the individual or the company could be on the line, and so it is not a process to be taken lightly.
With that in mind, something as ‘simple’ as service, one would think, is an easy task.
But it is still a common occurrence that creditors and legal practitioners get this wrong, leading to the demand or petition becoming invalid and defective - wasting time and money for all involved.
This webinar will look at the process for service of statutory demands and bankruptcy petitions from start to finish.
It will address in detail what needs to be done to ensure effective and efficient action for creditors.
What You Will Learn
This webinar will cover the following:
- What is a statutory demand and when can they be used?
- What is a bankruptcy petition and when can they be used?
- Rules, legislation and case law to understand and adhere to when addressing the issue of service
- What happens if you cannot comply with the requirements (e.g., if you cannot effect personal service or if a debtor is purposefully avoiding you)?
- Key skills and helpful tips to ensure success
- Costs involved, and recovery of the same
- Recent case law, CPR and practice direction updates focused on implementing correct service when completing the bankruptcy process
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...