Debt Recovery in Singapore

Let’s say you lent money to a friend using an IOU. Or you provided a business service or goods to a client. And then your friend or your client refuses to pay you. What happens next? Generally, there are 3 parts to the debt recovery process: Getting to know your debtor Court judgement for the debt Enforcement of the judgment if the debtor still does not pay up Please do not treat the following as legal advice. It can only be a rough guide that gives you an overview of the options available.…

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