Valuation of claim rights
When it comes to debt recovery and enforcing obligations, assessing claim rights in terms of their actual value and collection prospects is essential. PKF Valuation of Property offers professional valuation of claim rights services, helping you minimize risks and make well-informed decisions that can significantly impact your company’s financial stability.
What is the Valuation of Claim Rights?
The valuation of claim rights involves analyzing and determining the value of the right to collect a debt or enforce a contract obligation by another party. This could involve debt obligations, unfulfilled contracts, or other legal rights associated with financial claims. The valuation process aims to determine the real value of the claim right and forecast its prospects, including the likelihood and timing of collection.
Why is it Important to Assess Claim Rights?
Valuation of claim rights is crucial for minimizing risks and assessing the economic feasibility of future actions. This is especially relevant when buying or selling debts, restructuring a business, engaging in litigation, or deciding whether to write off a debt. The assessment helps determine if pursuing claims in court, transferring them to third parties, or writing them off is economically viable.
Specifics of Valuation of Claim Rights in Kazakhstan
In Kazakhstan, valuation of claim rights requires careful consideration of local laws and economic conditions. It is essential to account for the legal framework regulating debt collection, as well as local economic factors that may affect the debtor’s ability to meet obligations. Special attention should be paid to the relationship between the parties, the industry’s business climate, and potential legal changes that could influence successful collection.
Advantages of Working with PKF as a PKF Global Network Member
As a part of the international PKF Global network, PKF Valuation of Property provides access to advanced global practices and expertise in valuation of claim rights. Our global resources allow us to consider both local and international factors, which is especially important for companies operating internationally. We offer objective and well-founded solutions to help protect your interests and secure fair debt recovery.
Required Documents for Valuation of Claim Rights
The following list of documents is not exhaustive, and additional documentation may be requested as necessary:
- Copies of contracts that gave rise to the claim rights upon execution (or improper execution);
- Copies of payment documents for contracts that generated claim rights;
- Copies of material movement documents (invoices, transfer acts, etc.);
- Copies of court rulings.
When is Valuation of Claim Rights Necessary?
Valuation of claim rights may be required in the following situations:
- Debt Purchase or Sale: To determine the fair value of the claim right.
- Litigation: To evaluate the prospects and economic viability of debt collection.
- Company Restructuring: To assess claim rights during business reorganization.
- Debt Write-Off: To determine whether to write off the debt from the company’s balance.
- Financial Repo rting: For accurate accounting and tax reporting of claim rights.
Which Banks Accept Our Valuation of Claim Rights Reports?
Our valuation of claim rights reports are accepted by all banks in Kazakhstan (Halyk Bank, Bereke Bank, Forte Bank, Jusan Bank, NurBank, Eurasian Bank, Bank Center Credit, RBK, VTB Bank) and major financial institutions such as Development Bank of Kazakhstan, the European Bank for Reconstruction and Development, Eurasian Development Bank, and BV Management.
Valuation of claim rights is a valuable tool for making informed decisions and protecting your interests in business relationships. If you need a professional claim rights valuation, leave a request for a callback, and we will contact you to discuss your needs and initiate productive cooperation.