Bad debts can be understood as debts that are difficult to collect from the borrower when the payment due date under the committed Contract is reached. And to effectively manage these bad debt objects. The State Bank has classified bad debt groups in Circular...
The contract is the basis for the parties to fully perform their rights and obligations. Therefore, the parties need to drafting a contract with accurate form and complete content. What principles should the parties adhere to when drafting a contract? TNTP will...
In debt collection activities, enterprises often pay attention to effective debt collection measures such as negotiation, lawsuit, or using professional and legal debt collection services of law firms. However, one of the activities that bring a lot of value and even...
In some cases, due to various reasons, the parties cannot perform the contract as agreed initially. One of these reasons can be the basic changes of circumstances. In the following article, we will analyze the contract performance upon the basic change of...
Borrowing must be paid, this is a basic principle in all activities of society and in business activities. But for many reasons, the debtor may not pay the debt or pay the debt on time, then the creditor may consider suing the debtor in Court according to civil...
