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...
Debt recovery is always an important issue for businesses to ensure financial stability. However, to improve the ability to collect debt, businesses need to have knowledge to know which debts are easy and difficult to have appropriate recovery plans. In the article...
Debt recovery is a multi-stage process, and for each debt, different measures are needed for recovery. Therefore, identifying debts that are easy or difficult to recover helps businesses make appropriate choices for debt recovery strategies. In this article,...
The occurrence of bad debts during business operations is almost unavoidable for enterprises. However, to ensure stable business operations and cash flow, businesses still need to make efforts to minimize the potential occurrence of bad debts. In this article,...
Investment and business activities in general, and in the construction sector in particular, both carry various unforeseeable risks that can potentially harm a business. One of these risks is the occurrence of uncontrollable or difficult-to-recover bad debts for the...
To effectively recover debts, both businesses in general and construction businesses, in particular, need to carry out the necessary tasks following appropriate procedures. In this article, TNTP’s lawyers will share their expertise on debt recovery steps that...
