Get Your Money Back: 10 FAQs on Debt Recovery and Money Claim in Hong Kong

1. I'm owed money in Hong Kong. Can you help me recover it?

 

Yes! We specialize in helping individuals and businesses recover unpaid debts efficiently and legally. We'll assess your case and determine the best strategy to get your money back. Some cases are difficult to pursue. In particular, online money fraud cases are becoming quite common nowadays. It is difficult to pursue because the fraudsters are hidding their true identity and are unable to contact.

 

2. What types of debts can you help collect?

 

We handle a wide range of debt recovery cases, including unpaid invoices, personal loans, business loans, commercial debts, contractual debts, and even debts owed by foreign entities.

 

3. What steps do you take to recover my debt?

 

Our approach is multi-pronged:

 

  • Pre-legal action: We start with demand letters, negotiate settlements, and explore amicable solutions to save time and costs.
  • Legal action: If necessary, we initiate legal proceedings like lawsuits and enforcement measures to secure your repayment.
  • Asset tracing: We locate and secure debtors' assets to maximize your recovery potential.
  • Bankruptcy guidance: In complex cases, we guide you through bankruptcy proceedings to protect your interests.

 

4. How much does your service cost?

 

We understand the financial strain of debt recovery. We offer flexible fee structures, including fixed fees and stage payments. Consult us for a personalized quote.

 

5. How long does it take to recover my debt?

 

Recovery timelines vary depending on the complexity of the case, debtor cooperation, and potential legal action. We provide regular updates and keep you informed throughout the process.

 

6. What happens if the debtor declares bankruptcy?

 

In bankruptcy situations, unsecured debts would easily become "bad debts" and thus be unable to recover. You must therefore act swiftly to protect your interests.

 

7. Can I collect debt from someone overseas?

 

Yes, we have experience recovering debts from oversea entities. Cross-border debt collection is more difficult and costly. If the claim amount is out of proportion, you have to reconsider if you should take legal actions or not.

 

8. Do I need to go to court to recover my debt?

 

Not always. Pre-legal efforts often yield results. However, if court action becomes necessary, our experienced lawyers will represent you confidently.

 

9. What documents do I need to provide?

 

To assess your case, we'll need copies of contracts, invoices, payment records, and any communication with the debtor.

 

10. What if the debtor has already received legal action from another creditor?

 

We can advise on protecting your position and ensuring your debt receives fair consideration alongside other claims.

 

Remember: Don't hesitate to seek legal help to recover your owed money. Contact us today for a free consultation and let us fight for your financial rights.

Contact our Dispute Resolutions Team

Tel/WhatsApp 64199999, Tommy Lo, Lawyer

Send an online inquiry

See our Office Addresses and Tel


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