Debt / Asset Recovery

Mark Yeo, Partner

Debt / Asset Recovery

“Too many clients wait until it is too late before taking any form of action”

Whether one is dealing with relatives, friends, partners, business or commercial activities; the tendency is for everyone to give too much latitude to debtors in many scenarios. It is a regrettable fact that many people believe that by extending credit for an extended period of time is the most efficient way to maintain relationships: whether they be business or personal, and that the relationship will continue on as before.

 

Engelin Teh Practice understand the importance of having an efficient and effective approach to debt and asset recovery in Singapore We offer a comprehensive debt recovery service which enables a speedy and cost effective result.

 

From initial demand letters through to litigation and enforcement, we have a proven success ratio. We can assist you with all aspects of your situation: From negotiations, drafting statements of claim and other court documents, drafting and advising upon credit forms and terms of trade, as well as representing you in Court.

 

There are several methods that we use to ensure you collect your money. They include:

  • Letters of demand
  • Alternate dispute resolution
  • Mediation
  • Suing for the debt
  • Seizing your debtor’s goods and selling them at auction
  • Forcing your debtors to attend a public examination at court where they are questioned on their assets and liabilities
Our Expertise

Mark Yeo, Partner

Debt / Asset Recovery

“Too many clients wait until it is too late before taking any form of action”

Whether one is dealing with relatives, friends, partners, business or commercial activities; the tendency is for everyone to give too much latitude to debtors in many scenarios. It is a regrettable fact that many people believe that by extending credit for an extended period of time is the most efficient way to maintain relationships: whether they be business or personal, and that the relationship will continue on as before.

 

Engelin Teh Practice understand the importance of having an efficient and effective approach to debt and asset recovery in Singapore We offer a comprehensive debt recovery service which enables a speedy and cost effective result.

 

From initial demand letters through to litigation and enforcement, we have a proven success ratio. We can assist you with all aspects of your situation: From negotiations, drafting statements of claim and other court documents, drafting and advising upon credit forms and terms of trade, as well as representing you in Court.

 

There are several methods that we use to ensure you collect your money. They include:

  • Letters of demand
  • Alternate dispute resolution
  • Mediation
  • Suing for the debt
  • Seizing your debtor’s goods and selling them at auction
  • Forcing your debtors to attend a public examination at court where they are questioned on their assets and liabilities
Recent Cases