Efficient Debt Recovery in the UAE
A Payment Order (Performance Order) is a specialized legal mechanism in the UAE designed for the fast-track recovery of undisputed debts. This procedure bypasses lengthy traditional litigation when the debt is proven by a written instrument.
Legal Requirements
- The debt must be for a fixed amount of money.
- The debt must be evidenced in writing (e.g., invoices, cheques, or contracts).
- A formal legal notice must be served to the debtor at least five days prior to filing.