Wed, 18 Aug 2010: Recovering Parex investments a ‘long shot’…
Aug 18, 2010 Baltics
This can only be done through maximizing the value of the bank’s assets. Selling the bank is not realistic at the moment, said Gwilliam. He also said that the restructured Parex bank had b...Tags: Borrowers, Debt Collection, Debtors, Debts, Economic Recovery, Investments, Investors, Market Situation, Necessary Calculations, Parex Bank, Problem Assets, Problem Loans, Rsquo
Wed, 14 Apr 2010: Public debate lacking on debtor protection bill…
Apr 14, 2010 Baltics
The organization found that a proposal that will have an important economic impact needs to be introduced before taking it to the Parliament and requires additional analysis and public debate, whe...Tags: Business Organizations, Chamber Of Commerce, Chamber Of Commerce And Industry, Confederation, Debtor Protection, Debtors, Debts, Economic Impact, Extent, Financial Hardships, Losses, Organization, Parliament, Proposal, Public Debate
Wed, 29 Oct 2008: Latvians leaving creditors holding the bag…
Oct 29, 2008 Latvia
Firmanis said that they mostly ran up debts in the U.K. by using checking accounts and credit cards. They are in debt to companies such as HSBC Bank, the Marks & Spencer supermarket store chain, ...Tags: British Pounds, Checking Accounts, Credit Cards, Creditors, Debtors, Debts, Hsbc Bank, International Debt Collector, Latvians, Marks Spencer, Office Workers, Outlying Regions, Riga, Supermarket
Wed, 15 Oct 2008: Taking counsel: Efficient debt recovery through procedure of notice …
Oct 15, 2008 Baltics
As a result, companies have a large number of debtors to recover debts from. Such debts are usually not secured by pledge, or purchase or crediting agreements do not contain a clause from the co...Tags: Arbitration, Court Proceedings, Crediting, Creditor, Debt Recovery, Debtors, Debts, Fulfillment, Legislators, Pledge
Wed, 30 Jul 2008: Taking Counsel: Troubled economy complicates collecting on bad debts …
Jul 30, 2008 Baltics
While in the recent booming days creditors and their lawyers were mainly challenged with disputes that were legally difficult, the main challenge today is to find adequate security for the actua...Tags: Adequate Security, Bad Debts, Creditor, Creditors, Debtor, Debtors, Financial Institutions, Judgement, Lawyers, Money, Mortgage, Reluctance, Solvency Issues, Troubled Economy
Wed, 28 May 2008: Latvia’s new booming business ’s debt collection…
May 28, 2008 Latvia
Many are hiding in the vain hope that the debts will vanish. But a few firms specializing in collecting debt, who for years seemed to occupy the loneliest market niche, are working overtime to en...Tags: Board Member, Consumers, Data Base, Debt Collection Firm, Debtors, Debts, Four Months, Latvia, Latvian Banks, Lv, Maris, Market Niche, New Business, Paus, Risk, Vain Hope
Thu, 25 Feb 1999: Lithuania wants energy debts settled…
Feb 25, 1999 Lithuania
By meeting's end, however, Belarus debtors were given another two weeks to prove they are serious about paying.The problem of Belarus' debt has been a thorn in Lithuania's side for months. A numbe...Tags: Belarus, Company Representatives, Debtors, Energija, Energy Debts, Lithuania, Lithuanian Government, Politicians, Relationship, Smile, Tangible Results, Thorn
Thu, 28 Jan 1999: Energy company gets tough: Debtors warned, strategic investor sought…
Jan 28, 1999 Baltics
Lietuvos Energija hinted that if its demands are not met, it could mean lights out for the former and deal's off for the latter. The issue of Belarus' financial debt to Lietuvos Energija for its e...Tags: Alexander, Alexander Lukashenko, Amount Of Money, Debtors, Energy Company, Financial Debt, Investor, Last November, Lietuvos Energija, President Alexander, Spokesman