Debt Recovery in Singapore: The Complete Legal Guide

 

Someone owes you money. What can you actually do about it?

If a customer has not paid your invoices, a borrower has not repaid a loan, a contractor has received payment and disappeared, or a guarantor is refusing to honour a guarantee, Singapore law gives you a clear route to recovery.

This guide sets out the whole process end to end: assessing whether you have a claim, weighing the practical considerations before taking legal action, choosing the right forum, the letter of demand, the statutory demand, commencing proceedings under the Rules of Court 2021, getting judgment quickly, and, the part most creditors underestimate, actually enforcing that judgment and getting paid.

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Article: Legal Debt Recovery

Singapore Law; Legal; Lawyer

[This is an old article on legal debt recovery pre-Rules of Court 2021. The updated article in light of legal developments can be found here.]

1. Someone owes you money? Breached a contract/agreement? Failed to deliver goods or services?

You can legally claim against the person or entity (e.g. company, LLP) for the debt, your losses, and/or a refund of the price. Here are some issues to consider in deciding how to claim or sue to pursue legal debt recovery against the person.

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