Book (Practical) Law Servicers and business revitalization

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Law
Politics, Economy, Society
Why did the servicer (loan recovery company), which was established in 1999 to manage and recover non-performing loans, take on the role of business revitalization and re-challenge for SMEs? This article introduces the role of the servicer that has changed in the history of financial administration since the 1990 s, when there was the collapse of the bubble economy and the financial crisis, and explains the role that the servicer plays in the situation of business revitalization by referring to examples. The long-awaited publication of the chronicle (Chronicle) that describes the 20 years of journey of the servicer!