Debt collection in Thailand can follow both peaceful and legal processes. But legal action in Thailand could take a few years to bring results, especially when appeals. Thai law courts show an indicator of the quality of the judicial process of 8.5/18 compared to the OECD standard 11 (2017). However, contract enforcement is accelerated in 420 days compared to the average OECD countries with a maximum of 553 days (2017). Overall Thailand is doing very well. In the Doing Business 2018 report, it places them in 26 of the 190 countries surveyed.

Debt collection in Thailand

When talking about debt collection, people often think of deceptive practices that are not in line with the principles involved in Debt collection in Thailand. In Thailand, prior to 2015, debt collectors often resort to extreme measures to ensure that debts are collected from the debtor, without fear of legal consequences. These methods include, but are not limited to, the creditor’s fraudulent use of false facts or hypocrisy, verbal and physical abuse of the debtor, and abuse of debt.
Starting an out-of-court group is always preferred because the courts of law may be slow to reach a verdict. As in other lands, the first step is to consider a solution to a peaceful solution rather than spend money and time in legal proceedings.
The Debt Collection Act defines a “debt collector” as a borrower who owes money to a debtor. The debt can be legal or illegal. In other words, illegal lenders are also subject to the Act. Under the Act, the authorized representative of the lender, that is, the attorney, debt collection agency, and authorized representative are also classified as “debt collectors”.
Taking legal action in Thailand should have started with pre-legal efforts. This is because Thai courts can invite parties to find a solution through negotiation. If this is not possible or does not produce the results you want to file it gives the Thai debtor 15 days to defend himself.
While the best first step is to negotiate a friendly payment agreement for the remaining accounts, it is sometimes a sad fact that repaying your money requires drawing a solid line with creditors who are fleeing payments or trying to reduce payments even if agreed upon payment terms are over. We have always been working to improve and stand firm to provide the most transparent justice for the Thai people in terms of repaying their debt as soon as possible. That was established by the Thailand Debt Collection Agency and it faithfully provided debt repayment solutions to the Thai people as soon as possible. Thailand Debt Collection aims to ensure that this is a group of professionals and professionals who receive debt through our clients.
Under the Act, debtors have now increased protection rights. For example, debt collectors are only allowed to communicate directly with the credit provider or the authorized debtor. Debt collectors can only contact third parties to obtain information about the debtor or to read the debtor’s location. The debt collector is also limited in identifying himself and asking where the debtor is. The debt collector is also allowed to disclose that the debtor owes the debt unless the third party is a debtor’s partner, parent, or child. Additionally, a debt collector is permitted to use any language, brand, or business name of a debt collector in any document that does not imply that communication is related to debt collection.


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