The 2015 Civil Code stipulates that Lien on property is a measure to ensure the fulfillment of obligations. Lien on property is a legal mechanism to protect the party entitled to payment in contracts where both parties have obligations. In this article, TNTP will...
Guarantee is one of the security measures stipulated in the obligations and contracts under the Civil Code. The creditor undertakes to fulfil an obligation on behalf of the party obligated under the agreement if the latter fails to fulfil or improperly fulfils that...
Currently, the law does not have specific provisions related to the handling of abscond enterprises. In fact, the situation of businesses running away, especially when still owing taxes, labor wages, debts to other businesses, has been happening quite commonly. In the...
Currently, it can be observed that many associations and groups on social media engage in behaviors that lure and guide numerous individuals into indebtedness with financial companies, attracting hundreds to thousands of members. What legal risks and dangers does this...
Delayed and incorrect payments by business partners are common challenges in business operations. In such cases, what should businesses do to protect their rights? In the following article, TNTP’s lawyers will provide insights into what businesses should do when...
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...
