An Out-Of-Court Settlement is a contract between a debtor who has stopped paying and his creditors that includes waiving part of the debt or granting deadlines to the debtor to fulfill it, or both. When a person’s finances are in trouble and he fears that debts will not be met on their due dates, or may have already missed the due date, then, the best thing a person can do is to resort to a Kuwaiti commercial attorney to negotiate with the creditors regarding an amicable settlement to give the debtor a more time and grace period to pay.
The Integrated Legal Group provides settlement services, liquidation of debts, and friendly negotiations services to its clients inside and outside Kuwait, and we have A team of qualified and competent Kuwaiti business litigation lawyers with a long experience in representing a wide range of clients, whether they are creditors, debtors, custodians or suppliers, rather than hiring consultants and our team of experts to avoid the hardship of litigation and its consequences. The Integrated Legal Group is keen to educate its clients and inform them of all the processes of liquidation, from holding liaison sessions between the parties of the conflict to completing the process of debt liquidation to safeguard the rights of its clients and save them time and effort.
The Integrated Legal Group is committed to providing a comprehensive set of services accompanying the phase of debt liquidation if you work to limit your indebtedness and communicate with creditors to reach friendly solutions represented in scheduling and extending their fulfillment, we are committed to protecting the rights and safety of our customers and ensuring successful results, and providing the necessary legal support during the liquidation of all kinds of debts To reach the best possible results.
Contact us today to obtain professional advice and services from the best Kuwaiti business lawyers who specialize in liquidating all kinds of debts.