Debt Collection Attorney in Ho Chi Minh City – BLaw Vietnam Co., Ltd
BLaw Vietnam Co., Ltd is a premier law firm in Ho Chi Minh City offering effective Debt Collection services in Vietnam, positioning the firm as the go-to partner for debt recovery since 2007, with accolades from the Debitura Partner Network and services extending to the EU, United States, and wider Asia.
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Company description
About BLaw Vietnam Co., Ltd – Legal Debt Collection in Vietnam
BLaw Vietnam Co., Ltd is a distinguished debt collection attorney in Ho Chi Minh City, renowned for effective legal debt recovery services. Established in 2007, the firm is recognized for its sophisticated approach and cross-border reach, serving clients in Vietnam, EU, US, and wider Asia.
Proven Results
BLaw Vietnam Co., Ltd has earned accolades from the Debitura Partner Network for its adept handling of complex debt recovery cases. The firm's membership in this prestigious network underscores its commitment to high standards and successful client outcomes. Their proven track record in achieving favorable results for clients has solidified their reputation as leaders in the industry.
Our Process
The debt recovery process at BLaw Vietnam is designed to be thorough and effective, ensuring quick resolutions while adhering to local legal frameworks.
- Demand Letter: Initiating the process by formally requesting payment through an articulate demand letter.
- Negotiation: Engaging in discussions to explore potential repayment plans or settlements.
- Legal Action: Pursuing legal avenues, including mediation and litigation, when negotiations falter.
- Enforcement: Implementing court judgments through asset seizures or other legal means.
Meet the Team
With a dedicated team of 31 employees, BLaw Vietnam is helmed by experienced professionals. Managing Partner Ngo Nhat Minh leads the firm, supported by Senior Partner Tran Ngoc Thuyet and Legal Counsel Phuong Nguyen. This seasoned leadership ensures the firm's strategic direction and operational excellence.
Services & Industries
BLaw Vietnam offers a comprehensive range of services including Arbitration & Litigation, Corporate & Investment advisory, and Real Estate & Construction consulting. They cater to diverse industries such as manufacturing, telecommunications, and renewable energy, providing tailored strategies that align with industry needs.
For more detailed insights, you may explore our Vietnam debt-collection guide.
PRICING MODEL
BLaw Vietnam Co., Ltd employs a blended fee structure in debt collection, combining a fixed fee with a variable success commission. Initially, clients pay a USD 1,800 fixed fee, encompassing all preparatory phases such as legal consultation, debt analysis, document drafting, and even litigation representation. This fixed fee ensures that no additional hourly charges arise while the case remains in scope.
The contingency-based success fee, ranging from 5% to 35%, applies only upon successful recovery of debts. The specific rate is contingent on the debt’s value, with smaller claims attracting higher percentages. This success commission covers routine collection efforts, ensuring no hidden costs unless additional court actions are necessary. If required, a new quote is provided before any extra actions proceed.
Quoted amounts are net of Vietnamese VAT, with local tax added where applicable. The fixed fee is due at the agreement signing, while the success fee is deducted upon payout. Generally, funds are transferred within 10 business days post recovery, reduced by bank charges. Clients are reminded that unresolved commercial debts or those older than 12 months may incur higher fees.
Explore BLaw's cost-effective debt recovery solutions and request a detailed quote today.
Process
Debitura streamlines the debt recovery process with its tech-powered platform that connects claims to vetted local experts for immediate, country-specific action. With a presence in 183 countries, including Vietnam, Debitura offers a practical solution for global debt challenges. In Vietnam, the firm operates on a no-cure-no-pay basis, ensuring no upfront costs for clients. Businesses looking to engage a debt collection agency in Vietnam benefit from this cost-efficient approach. The firm’s Vietnam debt-collection guide provides valuable insights on statutory interest rates and collection timelines. For further exploration of their regional capabilities, visit their Asia debt-collection network to understand their comprehensive services.
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Top-Rated Debt Collection Agency in Vietnam
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