Category: Personal Debt Collection

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.

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Background Assured Debt Recovery Pte Ltd is a leading provider of debt recovery and asset management services, specializing in the efficient and legal recovery of vehicles for businesses facing challenges in asset management and payment collection. In this case study, we explore a successful vehicle recovery scenario for a car rental company facing difficulties with