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Moath Samer

Moath Samer

Attorney

الأسئلة المجابة 46920 | نسبة الرضا 98.5%

Lawyer

Hi in KSA if you had lent money to an individual...

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Hi in KSA if you had lent money to an individual and he had provided you with a power of attorney to sell his shares and take the proceeds as collateral. What can we do to prevent him from revoking the POA.

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إجابة الخبير: Moath Samer

Moath Samer

Moath Samer

Attorney

الأسئلة المجابة 46920 | نسبة الرضا 98.5%

We would like to inform you that you cannot prevent him from canceling the power of attorney, as he can cancel it at any time

But it is possible to take other guarantees for the payment of the debt, such as a check, a bill, or a declaration of the debt in front of a notary

You can also file an urgent lawsuit to seize his money if you are afraid of not paying the debt 

إسأل Attorney

Moath Samer

Moath Samer

Attorney

الأسئلة المجابة 46920 | نسبة الرضا 98.5%

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