The briefest synopsis of the article is
Two recent Hong Kong cases highlight the importance for creditors to pursue action for debt recovery swiftly, as any undue delay may impact on the period for which interest is recoverable and may prevent any enforcement action on a judgment debt.
While certainly Florida Laws are a totally different animal when it comes to debt collection in Florida, the point made in the article when it comes to enforcing your rights against a debtor is still well placed.
Its always interesting to see the perspective of countries and cultures outside of our focus to help keep our eyes on what we do best.
Here at Marcadis Singer PA, it is our goal to help you, the business owner, recover as much as possible of the bad debt from credit that you have extended in good faith. We always treat your debtors with the utmost respect.
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