Can the right to debt collection be assigned or not?

Can the right to debt collection be assigned or not?

The right to debt collection is an arising right between the debtor and the creditor in civil relations, in which the creditor has the right to demand payment from the debtor, and conversely, the debtor must repay the debt to the creditor. However, in some cases, the...
How to collect debts for “abscond enterprises “

How to collect debts for “abscond enterprises “

Currently, the law does not have specific provisions related to the handling of abscond enterprises. In fact, the situation of businesses running away, especially when still owing taxes, labor wages, debts to other businesses, has been happening quite commonly. In the...
What should a business do if its partner is slow to make payments?

What should a business do if its partner is slow to make payments?

Delayed and incorrect payments by business partners are common challenges in business operations. In such cases, what should businesses do to protect their rights? In the following article, TNTP’s lawyers will provide insights into what businesses should do when...
Experiences for managing debt within a business

Experiences for managing debt within a business

The business activities of enterprises, as well as organizations, always require unified and clear management to achieve the set business goals. However, there is a crucial activity within business operations that also needs attention, namely, managing debt. In this...