Background
Our client had lent money privately, only for the debtor to stop paying and disappear. With the debtor unreachable, there seemed to be no way to recover.
What Was at Stake
Even after proving the loan and obtaining a judgment, actually recovering the money is another matter if the debtor does not pay. "Getting a judgment" and "getting paid" are two different things.
How Changchun Helped
Changchun brought a claim for repayment of the loan, obtained judgment in full, and moved to compulsory execution as soon as the judgment became final.
Once enforcement began, the debtor moved quickly to repay, and our client recovered the money. The case shows the importance of carrying litigation and enforcement forward swiftly as a single continuous process in debt recovery. (Outcomes depend on the facts of each case and may differ.)