Are there any protections to prevent organized crime from participating in debt collection?

What court is the appropriate venue for foreign debt collection cases in Japan?
February 24, 2016
What conditions must a foreign judgment meet to be enforceable in Japan?
February 24, 2016

Traditionally, Japanese debt collection has been a commercial sector dominated by organized crime. Many debt collection agencies were associated with, or run by, the Japanese mafia.

However, in 1998, Japan passed the Servicer Law, which provided much needed regulation and specifically articulates that servicer companies involved in debt collection cannot be associated with gangsters in order to be registered under this law.

Licensed attorneys have always been allowed to collect debts in Japan and the rigorous approval process to become an licensed attorney ensures that members of the Japanese mafia are not able to be licensed as lawyers.

If you have any questions about enforcing a debt in Japan, please contact our office to set up a legal consultation.