• Recovery Of Debts With And Without Intervention Of Courts/Tribunal

    Editor(s):
    Nyaay Shastra (see profile)
    Date:
    2023
    Item Type:
    Article
    Permanent URL:
    https://doi.org/10.17613/dy8a-fa82
    Abstract:
    A debt is the amount of money borrowed for a set period of time and must be repaid together with interest. The amount as well as the approval of the debt are determined by the borrower's creditworthiness. When a loan, such as a credit card amount, goes unpaid, the creditor hires a third party, known as a collection service, to focus on collecting the money. To recover his secured debt, the secured creditor may use one or more of the following methods: a. Take control of the secured assets b. Take over business management
    Metadata:
    Published as:
    Journal article    
    Status:
    Published
    Last Updated:
    7 months ago
    License:
    All Rights Reserved

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