BASIS FOR DEBT RECOVERY FROM LOAN CONTRACT
In order for the competent authority to resolve a request to initiate a lawsuit for debt recovery from loan contract, what should be noted about the legal basis?
POPULAR METHODS OF DEBT RECOVERY
In fact, there are many methods of debt recovery, however using illegal methods can be counterproductive", even negative consequences for people with debts that need to be collected.
BASIS OF DEBT RECOVERY FROM CONSTRUCTION CONTRACTS
Disputes between the employer and the contractor regarding payment obligations under construction contracts are becoming increasingly common. To safeguard their legitimate rights and interests, the parties must thoroughly understand the relevant legal provisions to establish appropriate risk prevention mechanisms, as well as to build a solid legal basis for the effective recovery of construction contract debts.
REQUEST FOR JUDGMENT ENFORCEMENT WHEN A DEBTOR FAILS TO COMPLY WITH A JUDGMENT
There are many situations when the borrower refuses to pay, even though there has been a decision or judgment from the Court or a competent state agency. This poses a big challenge for creditors in recovering their debt. So, in cases where the borrowers fail to comply with judgment, what should the creditor do to ensure their rights and effectively collect the debt?
RIGHTS OF DEBT COLLECTOR
"Debt collector" has the right to apply measures to protect his or her financial rights, but should be careful to comply with the provisions of law. So what do the rights of debt collector include?
LAWFUL DEBT RECOVERY VIA PHONE BY FINANCE COMPANIES
Nowadays, the situation of financial companies to collect debts through terrorist forms, threatening customers is rampant. Especially the form of continuous phone calls or calling at 1-2 am for the debtor. To better understand on the method of lawful debt recovery via phone for financial companies, please refer to the article below.
DIFFICULTIES IN DEBT RECOVERY FOR CREDIT INSTITUTIONS
In cases where debt recovery methods are ineffective, credit institutions can initiate a lawsuit against the borrower in court. However, difficulties in debt recovery in some cases are unavoidable.
HANDLING BUSINESS HOUSEHOLDS FAILING TO PAY DEBT TO CREDIT INSTITUTIONS
Business households often borrow money from credit institutions on the principle of repayment of both principal and interest to increase capital mobilization. However, how to handle the business households failing to pay debt?