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rudicheulaw
Jun 221 min read
🚫 Debtor Excuse for Non-Payment: "I Haven't Received Payment from My Own Customer, So I Can't Pay You Yet" 🚫
In the world of debt recovery, one common excuse offered by debtors is, "I haven't received payment from my own customer, so I can't pay...
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rudicheulaw
Jun 152 min read
When Is Litigation Worth the Cost? Understanding the Cost-Benefit Analysis in Debt Recovery
One of the most important considerations before embarking on litigation is whether the potential benefits outweigh the costs involved....
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rudicheulaw
Jun 81 min read
Can WhatsApp Messages be Used as Evidence?
Q: I have a debt of RM 300k, but I did not enter into a written agreement with the debtor. We discussed everything via WhatsApp. Can...
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rudicheulaw
Jun 11 min read
Determining the Chances of Success in Debt Recovery
As a debt recovery lawyer, I often get asked about the "probability" of recovery. While it's challenging to provide an exact numerical...
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rudicheulaw
Jun 11 min read
What Assets Can Be Seized in Debt Recovery?
A Guide to Enforcement Options in Malaysia In Malaysia, once a creditor has obtained a judgment against a debtor, there are several...
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rudicheulaw
Jun 12 min read
Why Pre-court Mediation is Superior to Court Litigation
No lawyer will tell you this - but when it comes to resolving disputes, court litigation should always be considered a last resort. While...
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rudicheulaw
Apr 211 min read
The Single Most Impactful Legal Clause for Your Business’s Terms & Conditions
Looking to reduce payment defaults, especially when dealing with Sdn. Bhd. or Bhd. companies? Consider the almighty "Personal Guarantee"...
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rudicheulaw
Apr 211 min read
Legal Debt Recovery: Consider Bankruptcy or Winding Up Only as a Last Resort
1. In legal debt recovery, clients frequently ask me to declare a debtor bankrupt or wind up their company. 2. However, I often recommend...
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rudicheulaw
Apr 211 min read
Time Limit for Debt Recovery
1. Under Malaysia's Limitation Act 1953, you have six (6) years to initiate a claim for a debt owed to you. 2. This six-year period...
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