To effectively pursue debt recovery, businesses need to make necessary preparations involving various factors. One of these factors is the requisite documentation to ensure the company’s ability to recover debts and prepare for litigation if necessary. In this...
In the operations of businesses, the occurrence of debts is almost unavoidable. Similar to other industries in society, the construction sector frequently experiences debt between parties at different stages of projects. In cases where the debtor is unwilling to pay...
Filing a lawsuit to recover debts is a common method of debt recovery in civil transactions in general and in the construction industry in particular. In such cases, the dispute resolution authority will review the lawsuit and the documentation and evidence provided...
The emergence of debts is a common occurrence in business activities in general and the construction industry in particular. Unattended debts can potentially pose a risk to a company’s cash flow. In this article, TNTP’s lawyers will provide insights into...
The emergence of debts during the operations of businesses in the construction industry is something no business desires. However, not many businesses know how to limit debts during their operations. Therefore, in this article, TNTP’s lawyers will provide...
Although debt collection in the construction industry is vitally important and significantly impacts the cash flow of businesses and organizations as well as individuals across all sectors of society, many businesses still struggle to carry out debt collection...