The main bankruptcy procedures in the Saudi system are divided into three basic procedures that suit the debtor's financial situation / which are as follows: 1- Preventive settlement: A procedure that allows the debtor to agree with his creditors on settling his debts while retaining the management of his activity. 2- Financial restructuring: A procedure aimed at rescheduling the debtor's debts and resuming his operations under the supervision of a licensed bankruptcy trustee. 3- Liquidation: A procedure in which the debtor's assets are inventoried and sold to distribute the proceeds to creditors due to the impossibility of continuing the activity. We, in turn, offer you a team of (lawyers and consultants) at competitive prices for specialized legal services for debtors in the Kingdom of Saudi Arabia, including: 1) Guidance and procedures related to declaring bankruptcy in accordance with the relevant systems and regulations. 2) Guidance and procedures related to the financial restructuring of distressed companies, ensuring the protection of rights and providing the necessary consultations during the stages of the procedure. The company also provides the following (as needed): * Study of the financial situation and obligations and review of documents. * Preparation of the legal action plan and provision of specialized consultations. * Follow-up with the competent authorities in accordance with the regulations. To contact us / ( Phone number appears when clicking the contact button )