Credit is an important impellent of economics and promoter of welfare that is the reason why government politics supported credit accessibility to legal and physical persons, which has led to the delayed payments in every business sector. The amounts of crediting in late years has sharply risen, wherewith increases the amount of inhabitants and enterprises, who can't repay their civil liability commitment. It is important to recover commitments to get finance for other investments. The amount of debt recovery is rising in Latvia peripheral economical breakdown that proves demonstrated information in the article about the situation at present. Only in year 2008 banks slacked the speed of lending, but amount of debt recovery is just rising. There was not all civil liability commitment entered that has appeared to legal and physical persons in Latvia, in Register of Debtors. Now when the Credit Register has come to the operation, the situation is clearer than it was before. One of the ways for creditors to return their funds is through court. Between years 2003 and 2008 approximately 11% of plaintiff actions have been satisfied already in court, terminating them. 61% of plaintiff actions have been satisfied with judgment of court. Take a note, that requirements in debt recovery change, as well as the interpretation of the laws and regulations. Whereby the debt collectors change contract regulations unhesitatingly provide positive result in courts.

Company capital is essential in running business and creating value added for the stakeholders, including economy. How the view on company’s capital structure has evolved from theoretical perspective in the 20th century is needed to be assessed, in order to determine what concepts and theories, if any are relevant in the 21st century. Many theories have competed their way and transformed during the 20th century, while some, i.e. trade-off, signalling and stakeholder theories are still relevant in the 21st century. There are also new trends in the 21st century, new terms and quests shifting from determining and analysing optimal company’s capital structure to sustainable finance, taxonomy and also sustainability in capital structure. Therefore, the aim of this research: to establish existing main theories impacting and analysing company’s capital structure and to examine the theoretical shift of the theories based on the needs in the 21st century. Authors defined company’s capital structure and determined that during the years 1989–2020, number of research publications has grown significantly, thus validating the need to reassess theoretical background of capital structure theories in the 20th century, as well as to help to determine the trends still relative and emerging from the theoretical and practical aspects to company’s capital structure in the 21st century.