Insights Archives - Assured Debt Recovery

Can a debt recovery agency pursue after declaring bankrupt

In early 2024, Ms. Lee approached Assured Debt Recovery to recover $20,000 loaned to her former classmate, Mr. Wong. The loan was extended as a personal favor when Mr. Wong faced financial hardship due to his failing small business. Although the loan agreement was informal, it was supported by WhatsApp conversations and a bank transfer record.

Is debt collector legal in Singapore?

In early 2024, Ms. Lee approached Assured Debt Recovery to recover $20,000 loaned to her former classmate, Mr. Wong. The loan was extended as a personal favor when Mr. Wong faced financial hardship due to his failing small business. Although the loan agreement was informal, it was supported by WhatsApp conversations and a bank transfer record.

Successful debt collection strategies in Singapore as a creditor

In early 2024, Ms. Lee approached Assured Debt Recovery to recover $20,000 loaned to her former classmate, Mr. Wong. The loan was extended as a personal favor when Mr. Wong faced financial hardship due to his failing small business. Although the loan agreement was informal, it was supported by WhatsApp conversations and a bank transfer record.

Essential Guide to Debt Collection Agencies in Singapore

In early 2024, Ms. Lee approached Assured Debt Recovery to recover $20,000 loaned to her former classmate, Mr. Wong. The loan was extended as a personal favor when Mr. Wong faced financial hardship due to his failing small business. Although the loan agreement was informal, it was supported by WhatsApp conversations and a bank transfer record.