Debt Collection

May 27, 2016

Is it possible to freeze the bank account of a debtor in Japan?

A main concerns when enforcing a debt in Japan is that the debtor will simply remove any money from his or her bank account, hide it, and then pretend to be insolvent when the creditor tries to enforce the judgement.  In order to prevent this, the creditor can take a legal procedure to freeze any known bank accounts so the debtor cannot withdraw the funds.
May 9, 2016

What kind of evidence is necessary to enforce a debt in Japan?

When attempting to collect a debt in Japan it is best to assemble as much evidence of the debt as possible beforehand.  The most obvious and important evidence that should be collected are copies of invoices, bills and receipts that clearly establish the debt.   However, there are many other types of evidence that can also be of great help in successfully pursuing a debt.
March 28, 2016

Do you need the debtor’s address to enforce a debt in Japan?

Before attempting to enforce a debt in Japan, it is important to confirm the basic information about the debtor.  This includes confirming any address or contact information that may be outdated or incorrect.
February 24, 2016

What types of bankruptcy are possible in Japan?

In Japan, there are two main laws that deal with companies that are in dire financial condition: rehabilitation laws and insolvency laws.