When the company owes money, the first choice is negotiation, which saves time and effort.
(2) Request for payment order
Payment order refers to a legal document made by the people's court to urge the debtor to perform certain obligations according to the application of creditors. There are certain conditions for the court to issue a payment order to the debtor:
1, requesting the debtor to pay money or securities;
2. The money or securities requested for payment have expired, the amount has been determined, and the facts and evidence on which the request is based have been stated;
3. There is no other debt dispute between the creditor and the debtor;
4. The payment order can be served on the debtor.
(3) Prosecution If the other party has any objection after the payment order is issued, then you can only choose to sue. The lawsuit of the company's arrears is applicable to the ordinary procedure of civil first instance in China.
Legal basis: Article 565 of the Civil Code of People's Republic of China (PRC). If one party claims to terminate the contract according to law, it shall notify the other party. When the notice reaches the other party, the contract is terminated; If the notice states that the debtor fails to perform the debt within a certain period of time, the contract will be automatically terminated. If the debtor fails to perform the debt within the time limit, the contract will be terminated at the expiration of the time limit specified in the notice. If the other party disagrees with the termination of the contract, it may request a people's court or an arbitration institution to confirm the validity of the termination of the contract. If one party brings a lawsuit or applies for arbitration to claim the termination of the contract without notifying the other party, and the people's court or arbitration institution confirms this claim, the contract shall be terminated when a copy of the complaint or arbitration application is served on the other party.