Comments on: Debt Collectors vs Lawyers http://www.debtforce.co.nz/index.php/2009/11/debt-collectors-vs-lawyers/ Debt management articles, Debt collection service, ledger management, credit labels, credit applications, credit and background checks. Wed, 24 Feb 2010 04:40:21 +1300 http://wordpress.org/?v=2.8.2 hourly 1 By: Carol http://www.debtforce.co.nz/index.php/2009/11/debt-collectors-vs-lawyers/comment-page-1/#comment-232 Carol Thu, 14 Jan 2010 03:48:12 +0000 http://www.debtforce.co.nz/?p=1024#comment-232 Dear Steve, our employee who is our General Manager who owes some personal loan by our Executive Director. He has agreed to pay by installments. He stopped paying after 1st installment. Please advise. a. What is the best way & fast way: engage lawyer or debt collector? b. The actual sum is RM50,000.00. The outstanding amount is RM47,000. Actual sum due is RM22,000.00, can we collect the balance from him now. c. Can we suit him bankrupt after issuing letter of demand? Your urgent reply is appreciated. Rgds Carol Dear Steve, our employee who is our General Manager who owes some personal loan by our Executive Director. He has agreed to pay by installments. He stopped paying after 1st installment. Please advise.

a. What is the best way & fast way: engage lawyer or debt collector?
b. The actual sum is RM50,000.00. The outstanding amount is RM47,000. Actual sum due is RM22,000.00, can we collect the balance from him now.
c. Can we suit him bankrupt after issuing letter of demand?

Your urgent reply is appreciated. Rgds Carol

]]> By: Brian Kakonkanya http://www.debtforce.co.nz/index.php/2009/11/debt-collectors-vs-lawyers/comment-page-1/#comment-219 Brian Kakonkanya Tue, 12 Jan 2010 07:54:38 +0000 http://www.debtforce.co.nz/?p=1024#comment-219 Hi Steve, What would you do in a situation where your debtor can not be traced and has changed contact details but you really want to recover your money? Hi Steve,
What would you do in a situation where your debtor can not be traced and has changed contact details but you really want to recover your money?

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