Letter of Demand – Taking Legal Action to Collect your Debts
Are you thinking of what to do next when you have exhaustively chased a customer, and there’s no sign of him repaying back a debt in the near future? If…
Are you thinking of what to do next when you have exhaustively chased a customer, and there’s no sign of him repaying back a debt in the near future? If…
If you have been to a bank to apply for a loan to start your business, you might have noticed that before granting you the loan the banker will do…
Let's face the hard truth. Debt recovery can sometimes be really messy!! The whole process of debt recovery is unique and totally dependent on the situation. If you are a…
With the rise in living costs and the allure of easy credit, many young Malaysians find themselves juggling several high-interest debts. They are increasingly burdened with debt, with a significant…
The state of bankruptcy can often be very challenging to manage. It is confusing and emotionally devastating to an individual as well as an organization. Filing for bankruptcy is a…
Debt collection is legal in Malaysia and governed by several laws that regulate debt recovery and enforcement practices. Bank Negara Malaysia has laid down a set of fair guidelines to…
It is a nightmare for a creditor to know that the company they have financed is being liquidated! Malaysia is a country full of potential. From innovative technology firms, well-developed…
The head of IMF Kristalina Georgieva warned that the coronavirus pandemic will turn global economic growth "sharply negative" this year. The coronavirus outbreak is one of the greatest human tragedies…
New business ventures hit the market each year and each one of them hopes to reach the limelight. Sadly very few survive battling the fierce competition in the market. It…
In Malaysia, businesses may suffer badly due to delayed payments from clients. Companies often lose a considerable amount of money every year, since a good number of debts end up…