The Uncomfortable Truth About Recovering Money | Debt Recovery Lawyer, Rudi Cheu
Description
When someone owes you money in Malaysia, most people send a demand letter and pray. Rudi Cheu has spent a decade recovering debts, and he's discovered something uncomfortable: less than 10% of cases are actually solved that way.
Most people think debt recovery is about sending letters or going to court. The reality is far more psychological. It's about understanding how debtors prioritize payments, and making sure you're NOT on the bottom of their list.
The TL/DW of this episode:
→ Why being "nice" is the #1 reason creditors never recover their money
→ The three-pronged strategy that forces prioritization (without being brutal)
→ When to sue and when it's actually smarter to take a tax write-off
→ How a woman recovered alimony using the most obscure legal tool in Malaysia
CHAPTERS
00:00 - Intro
02:06 - Is a Letter of Demand Actually Powerful?
04:04 - Malaysia's Criminal Code: Can You Get Jailed For Owing Money
07:03 - Three Tactics To Reduce Bad Debts Dramatically
11:03 - How Small Are Small Debts Worth Pursuing?
15:01 - What Makes Creditors Never Get Paid
16:41 - The True Cost of Going to Court
19:03 - Judgment Summons: Jailing People For Debt (Legally)
Follow Rudi here:
Instagram: https://www.instagram.com/rudicheu/
LinkedIn: https://my.linkedin.com/in/rudi-cheu-82548342
Threads: https://www.threads.com/@rudicheu
Facebook: https://www.facebook.com/rudicheu/
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