Maintaining cash flow is essential for business operations. If invoices remain unpaid after reminders or alternative resolutions, you may be left considering what formal steps are available to recover the debt. If your business is owed more than $4000 by a company, issuing a Statutory Demand might be an option worth considering. Basics of a Statutory Demand A Statutory Demand is a formal document that creditors can serve on companies to demand payment of outstanding debts. Un