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Mawazeen Professional Consulting

Legal Services

Bankruptcy Services

Running bankruptcy procedures as a licensed trustee — a settlement that preserves the business, or a liquidation that preserves rights.

The Saudi Bankruptcy Law establishes graduated routes beginning with preventive settlement and ending in liquidation, with the same aim throughout: preserving value rather than eroding it in a long dispute.

Our team acts as a licensed bankruptcy trustee and expert registered with the Bankruptcy Commission, managing the procedure, inventorying assets and debts, calling creditors, verifying claims, preparing the settlement proposal or financial reorganisation plan, and supervising asset sale and distribution of proceeds.

Our advantage here is compound: the statutory capacity of a trustee, the field capability to inventory and tag assets, and the licence to value them ourselves — three mandates normally split across three separate providers.

Who this service is for

  • Distressed debtors seeking preventive settlement
  • Creditors and secured parties in liquidation procedures
  • Financial institutions managing large default files
  • Plants and operators that have ceased payment
  • Commercial courts requiring a bankruptcy expert

How we work

  1. 01

    Diagnosing the distress

    Reading the financial position and selecting the right route among settlement, reorganisation and liquidation.

  2. 02

    Asset and debt inventory

    Field inventory and valuation of assets, and collection and verification of claims.

  3. 03

    Plan and vote

    Preparing the settlement proposal, calling creditors and managing the statutory vote.

  4. 04

    Execution and distribution

    Supervising plan execution or asset sale and distributing proceeds by ranking.

Frequently asked questions

What distinguishes preventive settlement from financial reorganisation?

In preventive settlement the debtor retains management and puts an early proposal to creditors; financial reorganisation applies to deeper distress and proceeds under an appointed trustee with broader powers.

Do you value the assets within the procedure?

Yes. We hold real-estate and machinery valuation licences, which removes the need to appoint a third party and keeps the inventory figures consistent with the report figures.

When should a distressed company file?

Early. The longer the delay, the fewer assets remain and the narrower the settlement options; the practical rule is to file when insolvency is anticipated, not after it occurs.

Related services

  • Legal Consultations

    Written legal opinions grounded in Saudi regulation — delivered before the decision, not after it.

    Service details
  • Litigation & Judicial Representation

    Advocacy before Saudi courts and quasi-judicial committees, built on an ordered evidentiary file.

    Service details
  • Commercial Arbitration

    Arbitrators accredited by the Saudi Center for Commercial Arbitration, and counsel in arbitral proceedings.

    Service details

Contact us

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