A newly established business will face numerous concerns such as maintaining financial stability, establishing its brand and reputation, creating competitive value, and most importantly, being profitable during its operations. However, one aspect that new businesses...
To effectively control debt and conduct efficient debt recovery operations, businesses should consider creating a debt management policy. What basic contents should a debt management policy include? In this article, a lawyer from TNTP will provide insights on the...
Debt recovery activities are as crucial for businesses as their other business operations. To manage and handle debts effectively, businesses and organizations need to have an efficient debt management policy. In the following article, a lawyer from TNTP will discuss...
In business activities among enterprises, when the transaction parties are businesses, many people often think that the obligation to pay off debts is solely the responsibility of the company and does not extend to the personal liability of those managing the company....
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...
The 2015 Civil Code stipulates fidelity guarantees as a measure to ensure the performance of obligations. The direct purpose of fidelity guarantees is to help individuals and poor households gain access to credit sources for production, business, and consumption...
