Legal provisions on the debt collection right

Debt collection right, by which the obligee can request the obligor to pay a sum of money, has been increasingly valued thanks to its popularity and its capacity to meet the demand for convenient circulation in civil and commercial transactions, etc. The following...
Legal service of debt collection in commercial activities

Legal service of debt collection in commercial activities

I. Types of debts arise in commercial activities In commercial activities, debts mainly arise from purchase contracts, service contracts when it is due to pay the value of goods, services and the debt must be compared by the parties but the obliged party does not pay....
Legal service of debt collection in credit activities

Legal service of debt collection in credit activities

I. How do debts arise in credit activities? In essence, a credit contract is a property loan contract between individuals, organizations and the other party is credit institutions on the basis of repaying principal and interest of the debt as the parties’ agreement....
Legal service of debt collection in construction sector

Legal service of debt collection in construction sector

I. Types of debts often arise in the construction sector In the construction sector, debts mainly arise in case: The contractor has completed the construction or has inspected but the investor has not paid as commitment in the contract and the parties’ agreement; or...