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Is Debt A Criminal Offense In Thailand?


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Posted

Is debt a criminal offense in Thailand. I ask because two years ago I won a case in court for a debt, but was never paid. I have the papers from the court it's clear cut, he must pay plus interest. How to proceed to recover the money? I would split it with you if you can get it. 400,000rolleyes.gif

Posted

Local loan sharks would have the means to get it back. They would probably jump at the chance to pocket a quick 200,000.

Posted

If the debtor is Thai, and not connected, easy recovery.

Not if they don't have money & you don't have collatoral against the loan that can't be moved, sold or otherwise liquidated.

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OP - If the court has ordered a repayment schedule that has not been met, that is a criminal offense.

Posted

That's why I'm asking. My wife has a loan company. If the debtor is Thai, and not connected, easy recovery.

He is Thai.

Great drop me a message with a contact number and I will forward the info.

Posted

Wishing you the best of luck. Unfortunately, only Thais seem to be able to do something illegal to get back what they are owed.

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