FORMERLY B RAO & K.S RAJAH ESTABLISHED IN 1987

The Misconception Between IOU And Loan Agreement

security deposits.

If you are thinking about lending some money to someone in Singapore, it is important to have it down in writing if you want to be able to collect your money back later.

There are many different kinds of documents that are used to manage debt, in this article, we will discuss the two most common ways, IOUs and Loan Agreements in Singapore.

WHAT ARE IOUS?

Hiring A Debt Recovery Lawyer Can Actually Benefit You

If you have an outstanding debt owed and you cannot get the money back by yourself, you should always approach a lawyer in Singapore. Lawyers are professionals who are well versed in utilising legal means of recovering your money.

Unlike debt collectors or debt recovery agencies, who pressurises debtors into returning monies owed via intimidation and harassment tactics, more compelling and sure methods are available to civil lawyers in Singapore.