Final Demand

A Final Demand is not a statutory notification, but it is a general requirement of the Court before legal action can be taken.

This is no more than a letter detailing an account or agreement in arrears and what must be done to prevent further action, which may or may not be legal action.

Any such letter must taken seriously as you can expect notification of further recovery action typically within a week or so.

What Should I Do if I’ve Received a Final Demand?

Never Ignore A Final Demand.
Contact the creditor immediately to avoid them taking further action. If you ignore it and they issue proceedings against you they can add their additional costs to the amounts you owe.

If you are not sure what something means on a final demand letter – ask the issuer or contact Swift for advice.

Read the letter carefully. It explains what you need to do, and what could happen if you don’t respond nor comply with its demands.

You should check the amounts they are claiming. If you disagree, contact the creditor to explain you don’t agree with the amount owed. You should ask them not to take any further action while the amount is in dispute.

If you cannot agree a suitable repayment plan with the creditor then you should seek immediate advice to avoid matters getting worse.