- Taking legal action to reclaim a debt can be seen as a last resort, as often just the merest indication that you intend to bring legal proceedings will often be sufficient to make your customers settle. However, should your debt recovery processes fail, there are several points to consider before beginning any legal process.
- The court often expects your company to make an effort to resolve your dispute with the other party before your company’s legal action. Therefore a court hearing takes place only after your company has tried to reach an agreement with the customer.
Choosing a Lawyer
- Finding a lawyer can be a challenge, and personal recommendations are often a good way to decide. Before you make a decision, ask the following questions:
+ Is there any firm specialising in debt recovery?
+ Does the firm have a mediator or dispute resolution service that you can consider as an alternative option?
+ How will you be charged – a per hour rate plus expenses or by the percentage of the sum recovered?
+ If they do business on a 'no win, no fee' basis, are there any hidden costs? Will you have to pay court costs?
What we do
Our recovery team provides a one stop shop from initial advice through judgments and enforcement. We undertake all methods of enforcement including charging orders and insolvency action. The team provides commercial advice at every stage of the litigation procedure.
We have a variety of reasonable fee packages for any considerable work and will discuss individual requirements. A one size fits all approach is not applied as each case is handled on its own merits.
If you would like further information on Contract consultancy, please either email to our Partner
email@example.com, or call +84 8 3520 2779 (HCMC Office), +84 4 39388751 (Hanoi Office). To learn more about us, please visit www.antlawyers.vn
ANT Lawyers is a Vietnam law firm with international standards, recognized by IFLR1000 on Financial and Corporate practice. We are an exclusive Vietnam member of Prae Legal, the global law firm network covering more than 150 jurisdictions. The firm provides a range of legal services as following to multinational and domestic clients.
International Trade and Taxes
Infrastructure and Project
This publication is designed to provide updated information of legal matters, and does not constitute professional advice.