debt collection in hong kong
TRANSCRIPT
Debt Collection in Hong Kong
A presentation brought to you by our
Law Firm in Hong Kong
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Debt Recovery in Hong Kong >>
• Sometimes business owners in Hong Kong are faced with the unpleasant situation of not receiving their due payments for the performed services.
• The most common way to deal with unpaid invoices is to request the services of a professional debt collection agency in Hong Kong.
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>> Debt Recovery in Hong Kong • Our law firm in Hong Kong can offer
local debt recovery services as well as international debt recovery services.
• Each debt case is different and our professionals will work closely with you to ensure that you receive your payments.
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The Process of Debt Collection in Hong Kong
• The debt collection procedure in Hong Kong can be divided into the following phases: amicable debt recovery; court proceedings for debt
recovery.
• Our Hong Kong lawyers can assist you through the entire process of debt recovery in this city state.
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Amicable Debt Recovery in Hong Kong >>
• The first step in every debt collection process in Hong Kong is the amicable phase.
• During this stage the negotiator will send one or more notice letters (summons) to the debtor in an attempt to convince him or her to pay the due debts.
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>> Amicable Debt Recovery in Hong Kong
• In this phase our debt collection agents in Hong Kong will need the contact information of the debtor as well as all the relevant documents that attest the relationship between your company and the debtor.
• Included in this category are any previous invoices, contracts, agreements and others.
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Court Proceedings for Debt Collection in Hong Kong >>
• If the amicable debt recovery fails, then the court debt collection procedure may begin.
• Our lawyers in Hong Kong can legally represent you in any debt collection case that needs to be solved in court.
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>> Court Proceedings for Debt Collection in Hong Kong
• The courts in Hong Kong that deal with the recovery of debts are:
the Small Claims Tribunal: for sums no larger than 50,000 HK $;
the District Court: for claims that usually do not exceed 600,000 HK $;
the High Court: for claims that exceed 600,000 HK $.
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Legal Assistance in Hong Kong
• Our Hong Kong law firm can also help you with bankruptcy proceedings, if the case requires such a step.
• Please contact our Hong Kong attorneys if you want to know more about debt collection procedure in Hong Kong.
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Thank you for your attention!
• Please contact us for more information at:
(+44)203-287 0408
www.lawfirmhongkong.com