CONTRACTS IN THAILAND
DO YOU NEED A CONTRACT:
Many foreigners come to Thailand and decide to lend money to either Thais or foreigners. What ever you do with anyone when it comes to money you need a contract. A piece of paper being a contract can determine the outcome of you lending money or not receiving the goods and services you expected.
WE CAN HELP YOU ONLINE.
Money is easy to give out but very hard to get back. In such cases you need to find out what the individual you are lending has in collateral and work the same as a bank does --- how will he/she ever pay the money back and have a contract. Without this the process of recouping your money may take a lot of time and more expense so the best idea is to say no in these circumstances but if you wish to go ahead read on.
CONTRACTS YOU REQUIRE: W e can formulate any contracts for any situation.
Write to us in full confidence
WE NOW OFFER AN INTERNET SERVICE AND 24 HOURS ANSWER IF YOU NEED A CONTRACT IN A HURRY. This is a new service offered to foreigners in Thailand who may need a contract to protect themselves.
The Cost depends on the complexity of your contract
and the circumstances you wish to convey to the borrower
or the person you are doing business with.
A contract does carry weight in a Thailand court of law
and construed properly you can be safe.
Basically the best process is simple. You can visit a law office who will draw up a contract and if the borrower has a vehicle, house, land etc then the papers can be kept by the law office in escrow until the loan is paid back. We often get foreigners who have lent money to others and then find they never can get back as they simply work on trust. In fact 90% of the time.
Please remember when asking for advice it is not the law office that took your money but there are ways to get the money back and we can help you but please send to us all the information between parties so we can analyse your case. In the case of a motor vehicle if no contract and you put the vehicle under someone elses name then there is no redress. Think about it before you lend as we say again "easy to give hard to put back".
Everywhere in the world if you do things properly then there is no reason why financial deals cannot be conducted properly with all parties happy. Remember too in your own country you use a conveyancy law office to transact your property sale not your girlfriend and would you lend the same way in your country. Think about it.
We are here to help those who we feel have a case of recompense but if you do not have substantial proof of your lending it may be hard to recoup so best idea if you are not sure of getting your money back then do not lend --its that simple..
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