Focus:

When the economy is bad recovering bad debts can be challenge. Many companies are now facing problems in recovering bad debts and managing credit control systems. The focus will be more on what ways bad debts can be recovered, and what are the skills needed in managing credit control systems and management.

Objective:

Participants would have developed the necessary skills and technique to settle commercial disputes and handle bad debts. Participants will be given many practical exercises and guidelines on how best to settle commercial disputes and settle bad debts. By the end of the course, participants would have a clear picture as to how to find a solution for the disputes in question. Many practical examples will be used and key points will be discussed.

Who Should Attend:

Executives, contracts managers, programme managers, project engineers, managing directors, group financial controllers, company directors, sales directors, business managers, financial controllers, marketing managers and executives, business advisers, bankers, consultants, company secretaries, administrators, credit executives, finance and operation executives, maintenance managers, accounts supervisors

Course Outline:

What constitutes bad debts in the commercial world?

The traditional approach of recovering bad debts and the implications?

Meeting and discussions in recovering bad debts

Calling debtors and the art of persuading them to settle bad debts

How to settle disputes in bad debts more amicably

Bringing action in the Small Claims Tribunal and Case.

The Court process of enforcing judgments.

Arbitration and the method of enforcement

Credit control and methods of enforcement

Reducing risk and evaluating strategies of settling bad debts

Trainer’s Profile:

David holds a Bachelor of Law degree from the University of London and Master of Business Administration degree from Victoria University. He has many years of legal experience in the private sector and he is presently working in a law firm, and Mr. David Shanmugam is also an Advocate & Solicitor of the Supreme Court of Singapore

Over the years, he has conducted legal training for the corporate sector on the various practical legal issues facing the corporate field and has lectured for many training institutions, on Business and Company Law. His forte is in the field of corporate and commercial drafting of contracts, including company matters. Mr. David Shanmugam has conducted legal training programmes for Singapore Association Institute of Chartered Secretaries and Administrators, National University of Singapore Continuing Education