The debts of a business can arise from various entities in their business activities. However, the two main entities that may give rise to debts are individuals and legal entities. Distinguishing the characteristics of these two entities will help businesses come up...
One of the most undesirable things for businesses during the debt collection process is when the debtor has committed to payment but does not pay on time. In addition to taking necessary collection measures, the business also needs to understand the reasons that can...
When conducting debt collection activities, in some cases where negotiation solutions do not yield results, or when the debtor does not cooperate in payment, the creditor may consider applying Legal measures to recover the debt. In the following article, the lawyer of...
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...
