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...
I. Types of debts often arise in the labor sector In the labor sector, the debts that may arise for employees include: Unpaid salaries; Debts of social insurance, unemployment insurance, job-loss allowance, and other benefits and allowances after the termination of...
