Overview
Debt recovery is a process of recovering or seek payment of debt from individuals, businesses or companies in the event of refusal or delays in payment of debts.
In Malaysia, it is not uncommon for creditors to resort to legal action when all other attempts to elicit payment from a recalcitrant debtor have failed. However, by understanding the Business contracts, you could well not having to resort to legal actions after all.
In workshop, answers all the pertinent questions that you face in real-life and offers you an insight on what can be done best to recover debts and still continue your business.
Learning Outcomes
By the end of the Contract Clauses and Debt Recovery workshop, you will be able to:
- understand legal contract terms in your agreements
- understand how to draft Credit Terms better
- use “Out of Court” to recover debts
- understand how court debt recovery works
- understand how to enforce court judgement of seizure of debtors’ assets
Who Must Attend
- Credit Assistants, Executives
- Executives to Senior Managers
- Marketing Professionals in-charge of collection
- Finance and admin Executives and Managers
Course Details
Half day training
9:00am - 12:00pm
Part 1: How to Interpret Business Contracts
- How to use common legal contract terms to reduce your risk of bad debt
- How to understand common legal contract terms to avoid liability for yourself & your business
- How to spot, discuss and negotiate terms with your partners/vendors/clients
Part 2: The Cheapest & Fastest Ways to legally recover Bad Debt
- How to strengthen your internal SOPs to reduce risk of bad debt
- How to use *Out of Court* legal debt recovery method as a means to recover debt more quickly and cheaply without going to court
- How the court debt recovery process works and what you can expect
- How to enforce a court judgment to seize a debtors’ assets, freeze bank accounts and potentially jail debtors for failure to pay
Methodology
Interactive presentation & input
Course Leader
MR RUDI CHEU
Principal - Rule & Co. Advocate & Solicitor
LLB (Hons.) University of Nottingham, UK; CLP
Or
We have a faculty of specialists and can cater to your organisation's different levels and specific needs.
For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123
Testimonies
“He has a vast experience in Corporate and Legal work and had been in Legal Practice for a several years before returning to the corporate sector. His knowledge and skills in Civil and Criminal litigation as an Advocate & Solicitor of the High Court of Malaya definitely gave him an added advantage to excel in the pursuit of knowledge and to excel in any related fields, employment and/or education. He is well learned and has the continuous energy to excel in education to gain knowledge. He has the disposition of a capable and responsible leader.”
Investment
| Normal Fee |
| Sign up 1 pax |
| Pay 1 day(s) before course starts |
| MYR 990.00 |
| USD 290.00 |
| Early Bird |
| Sign up 1 pax |
| Pay 14 day(s) before course starts |
| MYR 790.00 |
| USD 230.00 |
| Group Fee |
| Sign up 3 pax or more |
| Pay 14 day(s) before course starts |
| MYR 690.00 |
| USD 200.00 |
*This course fee is applicable for online training
1. ONLINE PAYMENT by Credit card: You can opt to register and pay online with our latest payment integration system through our website.
2. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks. Please send payment slip as proof of payment to info@itrainingexpert.com
