Tag: cross-border debt recovery
International Substitution Laws: How Global Courts Handle Bulk Party Changes in Debt Cases
Global Substitution Orders (GSOs) let debt buyers replace original creditors in thousands of court cases with one filing. The UK leads with fast, low-cost procedures, but enforcement abroad remains a challenge. Learn how GSOs work, where they're used, and the risks involved.
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Published ON: 6 JanGlobal Substitution Orders (GSOs) let debt buyers replace original creditors in thousands of court cases with one filing. The UK leads with fast, low-cost procedures, but enforcement abroad remains a challenge. Learn how GSOs work, where they're used, and the risks involved.
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