We provide specialized services in bankruptcy proceedings, financial reorganization, and liquidation under Saudi Bankruptcy Law, with an official license from the Bankruptcy Commission.
What We Offer in This Service
Our Claims Management Record
Total Claims Under Management
Creditor Claims Administered
Submit a Creditor Claim
If you are a creditor of a debtor undergoing bankruptcy proceedings, you can submit your claim electronically.
Submit ClaimOur Current Proceedings
ASHYAD STEEL
ASHYAD STEEL
Taj Al-Riaya Medical
tajalriayaa
Planting for Contracting
Planting for Contracting
Hassan Misfer Al-Zahrani & Partners
Hassan Misfer Al-Zahrani & Partners Group
Al-Anjaz Hotel Village
Al-Anjaz Hotel Village
Arcon Gulf Contracting Co
Arcon Gulf Contracting Co
Frequently Asked Questions
What is the difference between preventive settlement and reorganization?
Preventive settlement occurs before actual default and aims to prevent it, while reorganization occurs after default and aims to restructure debts. Both procedures aim to continue business activity while protecting creditors' rights.
Does the debtor lose control of their business?
In preventive settlement, the debtor remains in control. In liquidation, the bankruptcy trustee takes over management.
What are bankruptcy trustee services?
We provide comprehensive bankruptcy trustee services under license No. 142147 from the Bankruptcy Commission, including: preventive settlement, financial reorganization, liquidation, and debtor asset management under Saudi Bankruptcy Law.
When am I eligible to file for bankruptcy?
You may file for bankruptcy when you are unable to pay your due debts or when you anticipate inability to pay in the future. We recommend contacting us early to study available options before the situation worsens.
How can I submit a creditor claim?
If you are a creditor of a debtor undergoing bankruptcy proceedings, you can submit your claim electronically through our online claims system on our website.