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ARTICLE · 10 MARCH 2021

Key Issues In The Debt Collection Procedure

Unicase Law Firm
Unicase Law Firm
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Unicase Law Firm

Unicase Law Firm

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Today the rapid development of business relations dictates the conditions of the market, that is why debt collecting is a relevant issue in modern business society.

KazakhstanFinance and Banking

Introduction:

Today the rapid development of business relations dictates the conditions of the market, that is why debt collecting is a relevant issue in modern business society. It often happens when unscrupulous debtors do not fulfill their obligations under the contract or deliberately delay the payment process. In this article, we will look at possible solutions to this problem.

What to do if the debtor does not return the debt?

In fact, there are several ways to recover of debt. The easiest way to return the debt in the pre-trial settlement procedure using the claim procedure. Moreover, the claim procedure is mandatory before filing a claim to the court. If the party violates the pre-trial claim procedure, the court has the right to return the claim to the plaintiff for the pre-trial settlement. Since there are subtleties when filling a claim, the best solution would be to entrust it to specialists.

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