Orion Investigations Co Ltd, with a strong team of 80 knowledgeable lawyers and investigators, offers a full spectrum of debt collection services. We recommend a careful, staged approach to debt collection:

Stage 1 - Direct Negotiation

We advise clients to utilize all available avenues of direct negotiation with their debtor before engaging a third-party service. This stage is vital to ensure that all possibilities of direct debt collection are thoroughly explored.

Stage 2 - Legal Demand for Payment

If direct negotiations are fruitless, we recommend serving an initial legal notice demanding the repayment of the debt. The initial notice is followed by further dialogues by our experienced lawyers to ascertain the debtor's readiness and capability to settle the debt. This escalation often provokes the debtor to either settle the debt or concede to a repayment plan.

Stage 3 - Investigation and Asset Searches

In cases where legal notice does not resolve the situation, it becomes necessary to scrutinize the debtor's current economic status before taking further legal steps. The investigative method varies on a case-by-case basis, depending on whether the debtor is an individual or a corporation. Knowledge of a debtor’s financial distress can be leveraged to negotiate a longer-term repayment plan.

Stage 4 - Further Legal Demands for Payment

Upon gleaning crucial information from Stage 3, an attempt at a negotiated settlement can be made. This enables clients to make more informed decisions regarding negotiation tactics and acceptable agreements.

Stage 5 - Legal Notice of Intent to File Court Proceedings

If negotiations do not result in the debt's collection, a last notice is issued, outlining our intent to file legal proceedings to collect the debt. This action is recommended only when there is a bona fide intent to follow through on the litigation process.

Stage 6 - Court Proceedings

If the final negotiation attempts fail, the sole remaining option is to initiate court proceedings. This step involves depositing court fees and preparing necessary legal documents. However, a negotiated settlement may still be feasible after court proceedings have commenced.

Stage 7 - Legal Execution

In certain cases, debtors continue to ignore their debts even after court orders have been issued. In such scenarios, we escalate the matter to the Legal Execution Department. This step requires patience and determination but can ultimately result in successful debt collection.

Our skilled lawyers and investigators have a wealth of expertise in asset searches and debt collections in Thailand, achieved through negotiations and legal proceedings. If you are struggling to collect a debt, we invite you to contact us for a complimentary initial evaluation of your situation and our expert recommendations for follow-up action.