Amendment to the Mortgage Foreclosure Law: Legal Advice to Guarantors and Mortgagors
On November 13, 2014, new amendments were made to the Thai Civil and Commercial Code (CCC), the law governing surety and mortgages. The amendments will change the way guarantees and mortgages can be given, favouring guarantors and mortgagors and providing security to the lender and their interest by significantly reducing the amount of risk a […]