Bankruptcy Applications

Bankruptcy Applications Bankruptcy procedures are legal processes that allow insolvent debtors or creditors to file for financial restructuring or liquidation according to the Saudi Bankruptcy Law, ensuring the protection of rights and fairness between the parties. Bankruptcy application services include: Filing requests to initiate financial restructuring or liquidation procedures before the competent court. Preparing required legal documents, such as asset and liability lists, financial reports, and creditors’ lists. Representing clients throughout bankruptcy procedures and attending court sessions. Negotiating with creditors to reach suitable settlements. Assisting companies and individuals in restructuring their financial positions in accordance with regulations.