It is always possible that a debtor company may file for bankruptcy if confronted with a debt that it cannot pay. However, this does not necessarily mean that the creditor will not be able to collect at lease part of the debt. A creditor should be given proper notice before the start of a bankruptcy hearing and will have a chance to claim part of the bankrupt debtor’s assets.
There are three main types of wills in Japan: Self Written wills, Notarized Deed wills and Secret wills. Any of these wills will ensure that your property is passed on according to your wishes. However, there are certain unique aspects to each type that can be beneficial in certain situations.
Jurisdiction is a critical component of civil litigation. Whether a court has jurisdiction or not determines whether it can issue a binding court ruling to the parties. There are two main ways Japanese courts can obtain international jurisdiction: either through international treaties or local Japanese laws. In either case, it may also be necessary to conduct special service of process through the Hague Service Convention.
By marrying a Japanese citizen, a foreign national becomes eligible to apply for a Japanese spousal visa. However, the application for the visa does require some preparation and is not automatically granted just based upon marriage. In addition to an application form, the new couple will need to submit the Japanese’s spouse’s family register and residence registration certificate to show that the couple is truly married. A foreign marriage certificate may also be required if the couple married overseas. Next, the couple will need to submit financial information, usually in the form of a residence tax certificate, for either spouse […]