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Civil Bankruptcy

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Communal Living in Singapore

A debt recovery is a common legal issue in Singapore. Be it a debt recovery for payment of work done or debt recovery of a friendly loan provided, most debtors failed to make payment due to the financial constraint suffered by the debtor or an existing financial commitments that has higher priority than the debt owed to you. Consequently, while debt recovery can be a straight-forward process, each debt recovery can be unique to their own circumstances and situation.

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Communal Living: Maintenance of Common Area in Condominium

A debt recovery is a common legal issue in Singapore. Be it a debt recovery for payment of work done or debt recovery of a friendly loan provided, most debtors failed to make payment due to the financial constraint suffered by the debtor or an existing financial commitments that has higher priority than the debt owed to you. Consequently, while debt recovery can be a straight-forward process, each debt recovery can be unique to their own circumstances and situation.

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Communal living: Water Ingress

A debt recovery is a common legal issue in Singapore. Be it a debt recovery for payment of work done or debt recovery of a friendly loan provided, most debtors failed to make payment due to the financial constraint suffered by the debtor or an existing financial commitments that has higher priority than the debt owed to you. Consequently, while debt recovery can be a straight-forward process, each debt recovery can be unique to their own circumstances and situation.

debt recovery

Debt Recovery against someone with no assets?

A debt recovery is a common legal issue in Singapore. Be it a debt recovery for payment of work done or debt recovery of a friendly loan provided, most debtors failed to make payment due to the financial constraint suffered by the debtor or an existing financial commitments that has higher priority than the debt owed to you. Consequently, while debt recovery can be a straight-forward process, each debt recovery can be unique to their own circumstances and situation.

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Enforcement Proceedings: Committal Proceeding

At the end of a court proceeding, the Judge sitting for the matter will set out his / her findings and the rights and obligations of the parties thereafter. If the claimant succeeds in their application, the Judge may, therefore, grant the relief sought by the claimant. Such relief may include an order prohibiting or directing the losing party to take a certain action or to abstain from taking a certain action.

Civil Litigation Lawyers

Enforcement Proceedings: Winding Up

What can you do if you have obtained a Judgment against a company debtor who owes you and cannot (or do not want to) repay the debts owed to you of at least $10,000.00?
One of the options available to you as a creditor is to apply to wind up the company debtor to enforce the Judgment against the company debtor.

Security Deposit

Deductions to Security Deposit

A security deposit refers to the sum of money typically provided by a tenant to a landlord when renting property or entering into a tenancy agreement. Typically, most residential tenancies in Singapore require deposits that are the total of 1-2 months’ rent, but may be negotiable depending on the individual landlord.

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Debt Recovery against a Company

A debt recovery process can be a straight-forward yet complicated process. While most debt recovery may seem to be a straight-forward claim for the debt owed to you, each debt recovery process is unique to their circumstances and situation. It may, therefore, be prudent to seek legal assistance to be correctly advised before proceeding further.

Debt Recovery

Why A Well Drafted Letter of Demand Can Get You Results

While a letter of demand can usually be drafted by anyone, a lawyer can assist to pinpoint the legal issues at hand and to provide clarity to the type of demand that are feasible and are due recoverable by the due process of the law. A letter of demand from lawyer can also demonstrate clearly that the sender of the letter of demand is serious and is willing to take legal action to resolve the matter.

Self Declared Bankruptcy

Applying for self-declared Bankruptcy in Singapore

What is Bankruptcy?
When a person is unable to pay off his debts, he or she may be declared bankrupt. If the person is declared bankrupt, their assets will be sold and the proceeds put into a bankruptcy estate. The bankruptcy estate will not include assets that are protected from bankruptcy e.g. HDB flats, CPF monies. The person will be listed in Singapore’s bankruptcy register until such time the bankruptcy is discharged.

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