Debt collector singapore
Case Study #024: $50,000 Property Development Deal
The client was a construction contractor who had been running his business successfully for years. His friend, the debtor, approached him with an opportunity to invest in a lucrative property development deal. The debtor, who had already secured most of the capital, needed an additional SGD$50,000 to finalize the project. Excited by the potential returns and trusting the debtor’s reputation, the client lent him the money without hesitation.
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