Practice Areas
|
Debt Management Solutions
Having an effective receivables strategy is essential for companies operating in China. Lehman, Lee & Xu was the first law firm in China to provide debt management and collection services to foreign invested enterprises.
Under Chinese regulations, only Chinese law firms may legally engage in debt collection. Lehman, Lee and Xu offers a broad range of debt collection services, including Dunning letters, purchasing bad debt, collecting on contingency, or hourly work. We also litigate, mediate and arbitrate on behalf of creditors.
Receivables management in China is a relatively new concept. Our team of lawyers is experienced in providing our clients with numerous escalating options with which to go after bad debt. Moreover, Lehman, Lee & Xu provides proactive counseling to clients to better manage their sales staff and agreements, their accounting systems, and a rapid reaction system to implement an effective internal framework to minimize receivables problems.
Click here for Bankruptcy and Liquidation FAQs
|
