{"id":2841,"date":"2021-11-01T11:18:46","date_gmt":"2021-11-01T04:18:46","guid":{"rendered":"https:\/\/pl-partners.vn\/?p=2841"},"modified":"2023-01-13T16:47:38","modified_gmt":"2023-01-13T09:47:38","slug":"debt-recovery-process-at-plpartners-law-firm","status":"publish","type":"post","link":"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/","title":{"rendered":"Debt recovery process at PL &#038; PARTNERS Law Firm"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"color: #282828;\">To get an effective debt recovery, having a proper debt recovery process is essential. A reasonable and plain process helps to identify the tasks that need to be done and also improve the work efficiency, thereby having the work done faster, and the success rate of debt collection increases.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">Over 10 years of operation, PL &amp; Partners has acquired many years of experience in legal consulting in general and debt recovery in particular. PL &amp; Partners has successfully handled hundreds of cases, whereby accumulated a lot of experience to establish reasonable processes to collect debt efficiently.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">Of course, subject to each case and each client, we are going to have our adjustments. However,\u00a0 a standard procedure can be outlined as follows:<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">N\u1ed9i dung b\u00e0i vi\u1ebft<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#STEP_1_RECEIVE_THE_REQUEST_FOR_DEBT_RECOVERY\" title=\"STEP 1: RECEIVE THE REQUEST FOR DEBT RECOVERY.\">STEP 1: RECEIVE THE REQUEST FOR DEBT RECOVERY.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#PL_AND_PARTNERS_LAW_FIRM\" title=\"PL AND PARTNERS LAW FIRM\">PL AND PARTNERS LAW FIRM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#STEP_2_RECEIVE_AND_ANALYZE_DOCUMENTS\" title=\"STEP 2: RECEIVE AND ANALYZE\u00a0DOCUMENTS.\">STEP 2: RECEIVE AND ANALYZE\u00a0DOCUMENTS.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#STEP_3_MAKE_DEBT_RECOVERY_STRATEGY_AND_PLAN\" title=\"STEP 3: MAKE DEBT RECOVERY STRATEGY AND PLAN.\">STEP 3: MAKE DEBT RECOVERY STRATEGY AND PLAN.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#STEP_4_ACCESS_TO_NEGOTIATION_AND_PUT_A_COMPREHENSIVE_PRESSURE\" title=\"STEP 4: ACCESS TO NEGOTIATION AND PUT A COMPREHENSIVE PRESSURE.\">STEP 4: ACCESS TO NEGOTIATION AND PUT A COMPREHENSIVE PRESSURE.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/pl-partners.vn\/en\/debt-recovery-process-at-plpartners-law-firm\/#STEP_5_FILE_A_LAWSUIT\" title=\"STEP 5: FILE A LAWSUIT.\">STEP 5: FILE A LAWSUIT.<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"STEP_1_RECEIVE_THE_REQUEST_FOR_DEBT_RECOVERY\"><\/span><span style=\"color: #003366;\"><strong>STEP 1: RECEIVE<\/strong><strong> THE REQUEST FOR <\/strong><strong>DEBT RECOVERY.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">If businesses, organizations, and individuals are facing bad debts, please contact us immediately:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"PL_AND_PARTNERS_LAW_FIRM\"><\/span><span style=\"color: #ed1c24;\"><strong>PL <\/strong><strong>AND<\/strong> <strong>PARTNERS<\/strong><strong> LAW FIRM<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #282828;\"><span style=\"color: #000000;\"><em><strong>Head<\/strong><strong>quarters<\/strong><strong>:<\/strong><\/em><\/span> <span style=\"color: #000000;\">46<sup>th<\/sup> Floor, Bitexco Financial Tower, No. 2 Hai Trieu, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam<\/span><\/span><\/p>\n<p><span style=\"color: #282828;\"><em><span style=\"color: #000000;\"><strong>O<\/strong><strong>ffice:<\/strong><\/span><\/em> <span style=\"color: #000000;\">Lot 1.16 Viva Riverside, 1472 Vo Van Kiet, Ward 3, District 6, HCMC<\/span><\/span><\/p>\n<p><span style=\"color: #282828;\"><em><span style=\"color: #000000;\"><strong>Hotline:<\/strong><\/span><\/em> <span style=\"color: #000000;\">093.1111.060<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Email:\u00a0<\/em><\/strong><a style=\"color: #000000;\" href=\"http:\/\/info@pl-partners.vn\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">info@pl-partners.vn<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Facebook:<\/em><\/strong>\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.facebook.com\/PLLaw\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">www.facebook.com\/PLLaw<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Website:\u00a0<\/em><\/strong><a style=\"color: #000000;\" href=\"https:\/\/pl-partners.vn\/\"><em>www.PL-PARTNERS.vn<\/em><\/a><em> \u2013 <\/em><a style=\"color: #000000;\" href=\"http:\/\/www.hoidapluat.net\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>www.HOIDAPLUAT.net<\/em><\/a><em> \u2013 <\/em><a style=\"color: #000000;\" href=\"http:\/\/www.thutucphaply.org\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>www.THUTUCPHAPLY.org<\/em><\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">We are willing to listen to your information and feedback and can guide you types of documents to be prepared.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"STEP_2_RECEIVE_AND_ANALYZE_DOCUMENTS\"><\/span><span style=\"color: #003366;\"><strong>STEP 2: RECEIVE AND ANALYZE<\/strong><strong>\u00a0DOCUMENTS.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">In this step, clients will provide PL &amp; Partners with all documents related to the debt: For businesses, they can be contracts, invoices, goods delivery notes, delivery receipts, acceptance records, and acknowledgment of debt. For individuals, they can be loan documents, purchase and sale documents, acknowledgment of debt, promissory notes, etc.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\"><span style=\"color: #ed1c24;\"><strong><u>Note:<\/u><\/strong> <\/span>Clients only need to provide a copy of such documents, the original is still kept by the clients.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">After receiving sufficient documents, PL &amp; Partners is going to analyze and verify the legality and the basis of debt recovery of each case. If the profile is not completed, we will guide the clients to collect papers, documents, and evidence to take advantage of them, thereby proposing proper solutions. Entrusted by the client, we will enter into a debt recovery service contract and carry out the work under the client&#8217;s authorization.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"STEP_3_MAKE_DEBT_RECOVERY_STRATEGY_AND_PLAN\"><\/span><span style=\"color: #003366;\"><strong>STEP 3: MAKE DEBT RECOVERY STRATEGY AND PLAN.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">Subject to the nature of the case and the object of debt collection, PL &amp; Partners will devise a debt recovery strategy. A detailed plan will then be drawn up to carry out the work.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">At PL &amp; Partners, we perform debt collection based on the fastest, most efficient, and least expensive debt recovery criteria, helping return bad debts legally and ensure the legitimate interests of clients without resorting to other risky measures.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">PL &amp; Partners&#8217; lawyer will take carefully into account the legal needs, reputation, finance, advantages and commerciality of clients from time to time prior to offering a debt recovery strategy to achieve the highest success rate and the lowest level of risk.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"STEP_4_ACCESS_TO_NEGOTIATION_AND_PUT_A_COMPREHENSIVE_PRESSURE\"><\/span><span style=\"color: #003366;\"><strong>STEP 4: ACCESS TO NEGOTIATION AND PUT A COMPREHENSIVE PRESSURE.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">PL &amp; Partners will be exposed to debtors in a series of different ways. During this time, if the debtor is willing to cooperate for debt repayment, negotiation and conciliation can be applied to find a common voice between the parties. If necessary, we will propose debt rescheduling, moratorium, or other methods to help clients collect debt in the most effective manner.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">On the contrary, during our approach, if the debtor shows an unwillingness to repay the debt, comprehensive pressure shall be imposed to claim the legitimate interests of the client.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">In fact, most of the debts are recovered at this stage.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"STEP_5_FILE_A_LAWSUIT\"><\/span><span style=\"color: #003366;\"><strong>STEP<\/strong> <strong>5: <\/strong><strong>FILE A LAWSUIT.<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">Where the debtor intentionally fails to fulfill the debt repayment obligation, PL &amp; Partners will initiate a lawsuit to the competent people&#8217;s court. We will prepare documents, draft petitions, file a lawsuit, and appoint lawyers and professional representatives to work, on behalf of clients, with authorities and participate in proceedings at people&#8217;s courts at all levels.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">After a decision or a judgment has taken effect, if the debtor voluntarily returns the amount of debt, PL &amp; Partners will continue to collect debt for the client. If the debtor keeps not paying, we will work, on behalf of the client, with the judgment enforcement agency.<\/span><\/p>\n<p style=\"text-align: center;\">__________________________________________________<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">The debt recovery process at PL has been delivered to you. As mentioned above, this is just the most general and basic process. When a client has a need to collect debt, we will have more specific discussions to come up with individual adjustments for each client, thereby entering into a formal debt recovery service contract with full legitimate rights and obligations of both parties.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">Should you need to recover any debt, please contact hotline: <strong>093.1111.060<\/strong> for support.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\">And do not forget to update other legal information from PL &amp; Partners.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get an effective debt recovery, having a proper debt recovery process is essential. A reasonable and plain process helps to identify the tasks that need to be done and also improve the work efficiency, thereby having the work done faster, and the success rate of debt collection increases. Over 10 years of operation, PL [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":2866,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[168],"tags":[],"class_list":["post-2841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-focus-tdl"],"_links":{"self":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts\/2841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/comments?post=2841"}],"version-history":[{"count":0,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts\/2841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/media\/2866"}],"wp:attachment":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/media?parent=2841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/categories?post=2841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/tags?post=2841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}