Receiving court documents often makes a debtor want to postpone reviewing them or simply ignore them altogether. There may be various reasons for this: the person disagrees with the debt, considers the claim unfounded, does not understand the contents of the documents, or hopes that the matter will resolve itself.

Registration of ultimate beneficial owners (UBOs) in Latvia has, over recent years, evolved from a formality into one of the key elements of corporate transparency oversight. Whereas companies previously enjoyed a degree of flexibility in disclosing their ultimate owners, the Enterprise Register and other public authorities now require information that…