Debt collection in Kazakhstan
In an unstable economy, it is important to manage the debt recovery process properly, especially in cases of payment delays or refusals to perform obligations.
The memo prepared by REVERA Kazakhstan provides a brief overview of the main methods of debt recovery in Kazakhstan:
- Notarial writ of execution
- Order for payment procedure
- Simplified written procedure
- Conciliation procedures
| Nevertheless, one of the first and most significant steps is the careful drafting of the Contract, which will help to develop an effective legal position in the event of litigation. |
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