5 Simple Techniques For debt collection cyprus
5 Simple Techniques For debt collection cyprus
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post your Make contact with facts and certainly one of our debt collection specialists will Make contact with you promptly!
Your reliable debt collection agency in Cyprus, providing swift and dependable recovery expert services. Navigate effortlessly by way of community debt methods by way of our thorough guide, no upfront expenses involved.
If we can't Get better the curiosity and expenses from a debtor, then these is going to be A part of the payment. if you choose to get lawful action towards your debtor, then we transfer to an hourly or mounted payment. We do not have any hidden expenses and may first seek advice from you just before proceeding with any action.
Writ of Movables/Immovables This action relates to the attachment on the judgement to movables or immovable residence and requesting their sale.
The amicable route presents a lot of positive aspects for all functions concerned. Creditors circumvent the significant charges linked to authorized proceedings and concurrently preserve invaluable business relationships, because of the course of action’s cordial character.
following the final court docket has designed the choice and If your debtor refuses or fails to adjust to the debt payment, our Cypriot lawyers can use the following procedures to Get better the debt:
In the event the debtor information a observe to seem in court docket, he ought to also file his defense on the claim. Further, in accordance with the guidelines, the court sets a day for just a court Listening to at which the parties present their arguments as well as the court can make a closing decision.
Our debt collection process aims exactly at combating strategic responses of debtors in not spending the things they owe although in scenarios where the debtor is truly not able to pay, we provide a versatile tactic based upon the needs in the customer.
nevertheless, provided that lawyers Use a legitimate motive to learn, all facts of your debtor, and especially all information which is publicly available (as an example If they're acquired get more info the Registrar of Companies in Cyprus) can be employed by the lawyers.
In the occasion of an undisputed declare in between two functions based in EU Member States (besides Denmark), it is possible to start European get for Payment proceedings. The lawyer handling your circumstance can assess no matter whether this sort of procedure is appropriate with your situation.
different dispute resolution mechanisms, for instance mediation and arbitration, are also readily available in Cyprus. These could be a a lot quicker and less formal strategy to take care of disputes and recover unpaid debts.
They always offer a state on the art and one hundred% responsible authorized support within a swift and friendly manner. When needing lawyers in Cyprus, we'd hugely recommend Antonis Paschalides & Co LLC regulation firm for almost any legal assignment.
following identifying The problem and, for that reason, advising the customer as to the simplest way achievable to a lot more forward and the treatments involved, underneath the specified conditions, We're going to then find to understand just as much as feasible regarding the debtor and his money trustworthiness.
As a creditor, we still have a strong leverage tool at our disposal When your debtor genuinely refuses to pay: a bankruptcy petition. In Cyprus it is possible to file for personal bankruptcy of the debtor if they do not spend.
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