In the United State – a country with a developed economy where the spending is mostly based on credit – by now pay later, the debt collection is particularly concerned and strictly controlled. In 1978, the US Congress enacted the Fair Debt Collection...
When a contractual dispute arises, determining the Court’s jurisdiction is an important step for companies to initiate a lawsuit for debt collection. In the following article, TNTP will analyze the Court’s jurisdiction to settle contractual disputes determined...
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...
Entities with different civil legal capacities have different civil rights. When entering into a legal relationship, the entities have the right to perform certain acts by themselves, the right to request the obligor to perform the obligation, and the right to request...
In business activities, it is not strange for enterprises and companies to borrow money from banks. This is a suitable option for enterprises to solve temporary financial problems. However, most loans at banks require collateral. In case the collateral is property...
The definition of civil transactions is similar to that of contracts. Accordingly, what is the relationship between civil contracts and transactions? In this article, we will analyze some aspects of civil transactions and contracts to clarify this relationship. 1. The...
