Legal and financial adviser has revealed, executive chairman of Al-sareem Al-battar Dr. Hatem Mahjoub Hassanein.said that debt collection has become the most important and the most dealt with cases in the courts of Saudi Arabia and the Gulf capitals during the current period, compared with previous years, as in the past, divorce cases were the most sectors in 2015 and 2016 at the end of 2017 and now the issues of debt collection make the lead .
Hassanein pointed out that the issues of debt collection on the two-fold relation to ransnational corporations and the other side of individuals here, highlight the problem according to their needs.
He pointed out that there are outsiders on the issue of debt collection and non-specialists and other licensed and do not have certificates that qualify them to the market and work in this area which needs strong experience and skills of individual action plans and a strategy that combines legal matters, community and individual skills.
Dr. Hatem added that law firms and offices of debt collection needs to provide the essential elements in the success of any human factor to resolve any money claiming case.
psychological method and Communication skills is the method of dealing with defaulters, and persuasion skills like sales and marketing to an end, as well as control of the reins and cleverness in dealing with defaulters as well as the ways of financial packages, and decisively to put an end to the problems.
Dr. Hatem stated that there is a close link between Law Firms and Offices of debt collection.
Complementing Each Other to a large extent with high common issues epically in civil matters Dr. Hatem revealed that their motto is “do not collect = bankruptcy in companies and Withdrawal from the market”.
and asked all companies and individuals to search for specialized offices, qualified in the field of educational attainment remained unchanged.
Therefore, the focus should be specialities and prevented medical DISCIPLINES QUANTIZES DENTIST for example the highest know the difference between debt collection by individuals or legal offices.
He added that the present time debt collection is the most important of the need to end the bad debts liquidations 2020 as the next two years will be renewed and which would retreat at the end of the year last DEMATERIALIZATIONin Saudi and GCC market.
Confirming that legal action is the last phase in the collection of debts as a treatment.
Saudi Arabia has started recently in the area of debt collection law offices and plays an important role, and has the capabilities of unbiased and patient in dealing with clients, whether individuals or institutions as well as the wisdom of the COOLIO in dealing with some of the defaulters, especially that there are Businesswomen defaulters and some do not deal with them because of gender. However, young Saudi women are able and empowered in the field of debt collection and the are excellent lawyers.
Dr. Hatem highlighted the importance of finding the sessions for debt uncollectible as well as specialized institutes to create a cadre of trained on right bases and qualify them to go to work in the field.