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freezing method
Frozen Law Introduction
Frozen law is a legal practice that involves freezing assets that are owned by a defendant in a criminal or civil case. The assets are held by the court, or by a third party, until the case has been resolved. This practice has become increasingly popular in recent years as......
1015 
Sophie
Shrinkage
Credit card debt in the US is one of the most pressing issues of our time, as the number of Americans in debt continues to grow. Credit card debt is the fastest-growing form of debt in the US, and it is becoming increasingly difficult for consumers to keep up with their payments.
For many America......
"Guarantee Law of the People's Republic of China"
The Peoples Republic of Chinas Guarantee Law
The Peoples Republic of Chinas Guarantee Law (hereinafter referred to as the “Guarantee Law”) was adopted on August 31, 2001 by the 5th Session of the Standing Committee of the 10th National Peoples Congress and came into force on October 1 2001. The......
debt settlement receiver
Debt Settlement Receipt
When an individual or a business owes debts to external creditors or entities, debt settlement is the process of negotiating with creditors to reduce the total amount of debt owed and agree on a payment structure that fits within the debtors budget. A debt settlement recei......
bankruptcy
Bankruptcy
When most people think of bankruptcy, they think of it as a negative thing. Indeed, bankruptcy is a difficult and challenging process. However, it is also an important legal tool to help people get out of debt and get a fresh start. This article explains how bankruptcy works and the be......
insolvent
Throughout the course of history, individuals and businesses have been in situations where they are unable to pay their debts for a variety of reasons. One of the most common ways for an individual or business that is unable to pay debts is to enter into an agreement with the creditor in which pay......
bankruptcy protection
Bankruptcy Protection
Bankruptcy is a legal route taken by people, corporations and countries when they are unable to repay their outstanding debts. It is a complex process, which requires the assistance of a lawyer to navigate, and it can be a stressful experience. However, its important to reme......
property preservation
Property Preservation: How to Defend Your Assets
Property preservation is a critical part of managing and protecting your assets. By understanding your rights and taking the appropriate steps to protect your property, you can ensure that your investments are shielded from potential risks. This ar......
United Nations Convention on the Assignment of Receivables in International Trade
United Nations International Trade Receivables Transfer Convention
The purpose of the United Nations International Trade Receivables Transfer Convention (the “Convention”) is to provide a uniform legal framework for the transfer of trade receivables. This Convention shall serve to simplify, fac......
Uniform Rules for Collections
Unified Rules for Collection
Collection is a common way of paying for goods or services in the modern world. It is a process where a seller requests a buyer to clear their outstanding debt. When the buyer does not make a payment, the seller can lodge a claim for collection. This article will disc......
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