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...
Many people only know about prohibited debt collection activities and believe debt collection is illegal. However, there are still legal debt collection activities carried out so far. What are the methods of debt collection? What should be kept in mind when...
The stage of civil judgment enforcement plays a very important role in debt recovery because then, the judgment enforcement agency being a competent authority will have enough resources and human resources to carry out the judgment enforcement measures, which forces...
Debt collection is always one of the “tiring” matters for companies. Commercial activities and goods trading take place every day at an increasingly fast pace, leading to an increase in the number of receivables from customers and partners, and not all customers and...
Debt reconciliation is that enterprises confirm the value of the debt which one party has obligation to pay to the other party. Debt reconciliation is often implemented in commercial business relationship. However, debt reconciliation is not mandatory for the parties....
In business and normal life, the demand for signing contracts and owing occurs a lot. However, in many cases, the obligor fails to make a payment or repay the debt on time, which makes the obligee urgent and perform acts contrary to the provisions of law and social...
