We follow a collections process that is professional at all times with the objective of retaining the relationships between you and your debtors whenever possible. Our team of collections specialists carry out the collections process in-house. We relentlessly pursue debtors verbally and in writing within the bounds of Kingdom laws.

We have a different method of debt collection, in order to save cost and time of our client we start from out-of-court settlement before going to the courts to collect that debt.

During debt collection we make field visits, send legal warnings, and negotiate on behalf of our client and this what make us the best debt collection service provider.

We have succeeded in converting bad and non-performing debts into recoverable debts by concluding debt settlement agreements with debtors, giving opportunities for bad debts to be collected legally.

The Enforcement Court can be used to collect trading instruments (such as cheques, promissory notes, and enforcing judgments). The Enforcement Court, unlike other courts, does not set hearing dates. The judge issues a direct order against the debtor requesting payment within 21 days of the case’s filing, and a summons is either mailed or published in a daily newspaper.

Due to the active nature of the Enforcement Court, the debtor’s nonpayment or absence could lead to one or more of the following:

• The seizure of the debtor’s Commercial Registration certificate, halting the business operations of the debtor
• The issuance of an arrest warrant against the debtor and the general managers of the debtor company
• The freezing of the debtor’s bank accounts
• Travel bans on the debtor
• A notification to the labour office to stop its services to the debtor company
• The impounding of the movable and immovable property of the debtor
• An order to liquidate the debtor company to recover the claim amount

The aim of insolvency proceedings is to pay out all the creditors with the same quotas by liquidating the assets of the debtor company, or by collecting the enforceable income of the individual who is declared bankrupt.

We have got a mandate from one of our clients for the collection of its debts (approximately 40.000,00-USD) from a Saudi Company in Jeddah. There are not any written contract, but we had all necessary documents such as invoice, customs declaration form, bank receipts etc and we successfully collected the debt.

A regular lawsuit procedure commences directly either after the debtor has refused to pay, or after they have received a legal notice via a public notary. Depending on the case, a summons can be served on the debtor by a lawyer, police, or court within five days from the date the case is filed. Each hearing is usually scheduled from four to six weeks after that, but delays will invariably occur. Either party can appeal the judgment within 30 days from the date the judgment is issued.

In KSA, Finance or loan contracts, when concluded between a financer/lender and a borrower, shall be void of interest (Riba) and any suspicions thereof. Such contracts shall include all sufficient guarantees whereby the financer/lender could maintain its rights upon claiming the amount lent to the borrower before courts of law.

In majority of cases, after reaching settlement, we ask the debtor to sign a promissory note (bills to order of) whereby a financer/lender can preserve their rights before judiciary. As, it maintains their rights over the borrower and ensure the borrower’s commitment to pay off the finance or loan amount on the maturity date.

In order to file a claim against the debtor, we need:

• A notarised power of attorney, signed, stamped, and
• legalised up to the Saudi Arabian embassy
• Copies of the contracts
• Copies of the invoices
• A clear statement of account (signed and stamped) indicating the payments and credit notes that have been booked regarding the outstanding invoices