LEGAL SECURITY FOR DEBT PAYMENTS 5TH EDITION

Securing receivables is a key element in the world of finance and business. It allows creditors to minimize the risk of debtors' insolvency and protect their interests. This book is a comprehensive guide to the legal aspects of securing receivables, which will help you understand and effectively apply various forms of security.

• Comprehensive discussion of all legal securities for receivables.
• Detailed analyses of personal and property securities.
• Practical tips for those involved in granting loans and credits.
• Up-to-date information taking into account the latest changes in legal regulations.
• Sample letters available in electronic version, ready for modification.

The book discusses both personal securities, such as surety, blank bill of exchange and assignment of receivables, and property securities, including mortgage, registered pledge and ordinary pledge on movable property, and transfer of ownership. The authors also do not omit less frequently used securities, such as pledge on rights, financial securities or a letter of comfort. This is an indispensable source of knowledge for anyone who wants to effectively secure their receivables.

The fifth edition of the study includes new and amended issues regarding, among others, declarations to a blank bill of exchange issued or endorsed by a consumer, bid bond, sureties and guarantees for loan repayment, strategic reserves, sale of an object of a registered pledge by public tender, export insurance, perpetual usufruct, securing one receivable with several mortgages on the same property, components of the property, deletion of a mortgage established to secure the receivables of bondholders, the impact of burdens on the property other than the mortgage on enforcement proceedings, statutory lien.

The publication is intended for people involved in granting loans, credits, bank and insurance guarantees, selling goods and services in so-called trade credit, participating in factoring, leasing and bond issuance transactions. The sample letters contained in the publication are available in electronic version, which makes it easier to use them in practice. Don't wait, secure your interests today!