About this Course
Debt settlement and recovery issues have taken on centre-stage in many companies due to increased complexity and uncertainties in the business environment. Many times, they are left facing the challenge of how best to approach or resolve these issues in the least damaging way. Many companies are not clear on how to secure payment and outstanding debts.
The objective of this course is to provide participants with a holistic framework when dealing with debt settlement and recovery in the commercial world. Having an understanding of these processes will enable the key personnel to overcome obstacles with greater ease and thus, ensuring higher success.
Learning Outcomes:
Participants will learn the necessary skills and techniques to settle payment and outstanding debt disputes quickly and effectively. Practical exercises and guidelines on how best to settle payment and debt disputes from legal and non-legal perspectives will also be given.
- Know what are the ways to settle payment claims
- What to look out for if payment, or outstanding debt claim are not being resolved
- What negotiations and techniques to deploy when resolving these issues
Course Outline:
How payment and outstanding debt disputes are settled
- The art of conducting meetings and discussions
- The role of settling payment and outstanding debt disputes
- The key points when payment and debt disputes are not settled
The role of mediation in resolving payment and outstanding debt payments
- The key principles of mediation
- The advantages of using mediation to resolve disputes
- The disadvantages of using mediation to resolve payment and debt disputes
The Arbitration and Litigation process in resolving payment and outstanding debt disputes
- Key points to note when using arbitration to settle payment and outstanding debt disputes
- Key points to note when using litigation to settle payment and outstanding debt disputes
- The alternative method of settling these disputes
The Court process of enforcing judgements
- The process of issuing letters of demand
- Judgement and the various process of enforcing judgment
- Liquidation and the various ways of saving companies from going into liquidation
- Alternative methods of resolving disputes
Who Will Benefit?
Executives, contracts managers, programme managers, project engineers, managing directors, group financial controllers, company directors, sales directors, business managers, financial controllers, marketing managers & executives, business advisers, bankers, consultants, company secretaries, administrators, credit executives, finance and operations executives, maintenance managers, and account supervisors.
Course Rating
- /5 from users
Course Enquiry
Course Info
- Course Provider Marketing Institute of Singapore
- Course Category Business
- Course Price $540
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