Recovering debts is a necessary activity for businesses to maintain their cash flow in operations. However, this activity only applies when debts have already been incurred. One of the effective ways to proactively protect a company’s cash flow is to minimize...
When a company initiates a suing the debtor at an authorized dispute resolution agency such as a Court or a Commercial Arbitration Center, in addition to the Lawsuit Petition, the company needs to prepare many other documents to ensure the legitimate rights and...
What to do when the debtor has conditions but does not pay the debt? One of the problems that make businesses “headache” during the process of debt collection is when the debtor has enough conditions but ignores or does not pay the debt. What should the...
In debt recovery operations, businesses may encounter situations where the debtor is no longer operating at the registered address. In this case, the business will have difficulties in the debt recovery process, and many businesses may even stop the debt recovery...
In the context of the economy gradually recovering after the difficult period of the Covid-19 pandemic, businesses are not only focusing on their operations but also on the process of debt recovery to ensure their financial sources. However, during the debt recovery...
