Debt Recovery Action
Debt recovery is a legal process pursuing debt from the debtors including individual, company or organization. The rule of first-move advantage always applies in debt recovery action. The reason is, let’s say there are 50 creditors queuing to recover their debts from the debtor at the moment, the chance to succeed is low if you don’t initiate your action as soon as possible.
Further, the Limitation Act 1953 provides a time limit of 6 years for the creditor to take legal action against debtor. Hence, do not hesitate to approach us for consultation or assistance. Our litigation division has extensive experience in assisting our client in debt recovery action. We offer seamless legal services such as issuing letter of demand, debtor’s background search, negotiation and enforcement of debt judgment against debtor.