Debt Collection Laws Provide Protection in Thailand

Debt is the money which is owed to a person or company for borrowed funds.  A debtor is a person who has to return the borrowed funds. The process used to get the borrowed amount back is known as debt collection.

Recovering the debt from any individual or organization is not considered as an easy task; in fact it is quite a tricky issue to get the debt back. Especially it is very difficult to collect debt from people who are not willing to return, or who refuses to settle the payment after many attempts.

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