functioning globally in the online fiscal expert services sector, we usually really have to facial area sophisticated lawful problems that have to be dealt with extreme urgency. We are Operating carefully with Antonis Paschalides & Co LLC regulation firm considering that 2013 and might say that they generally present considerate, thorough, and, most importantly, realistic lawful guidance relating to a number of legal issues.
Debt collection in Cyprus normally begins in the extrajudicial stage wherever we send out your debtor customized demand from customers letters and phone them by cell phone. If your debtor disputes the claim or fails to respond, then we can proceed by getting authorized action in consultation with you.
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Our Cyprus attorneys are devoted to excellence in all regions of provider and our assistance benchmarks implement in all situations.
When the amicable technique fails, escalate the matter by means of authorized proceedings to acquire a court judgment, important for debt enforcement.
it can be crucial to mention, at this stage, that through the Court proceedings, there is usually a risk of settlement, with no need to have to reach the ultimate court docket stage, namely the Listening to of the case.
right after 5 months of sending reminders and reminders myself, I've chose to outsource my company's unpaid Bill into the collection organization! soon after only 1 demand from them, my client finally paid out. A lesson for me to outsource unpaid invoices extra immediately to defaulters Down the road.
Our intention is to gather the extra fascination and charges out of your debtor; nevertheless, this depends on the character click here of one's circumstance. without any get rid of No fork out debt collection in Cyprus, you can expect the next:
no matter if it issues unpaid invoices or other statements in Cyprus, we understand how to gather your money. To achieve this, we use our carefully assembled network of attorneys and bailiffs in Cyprus.
having said that, There's also situation in which a condition can wind up in the courtroom of law. In this instance, the assistance of a Cypriot regulation firm gets obligatory.
The Civil treatment regulations present for the possibility of working with the eu Payment buy technique, which happens to be relevant to cases of undisputed financial promises between events from European Union nations (excluding Denmark). to get a European payment buy, you will need to fill out a regular application variety and post it into the court. The courtroom accepts the payment buy in shut session and sends it to your debtor, after which the debtor has thirty times to file its objections With all the court.
According to Cypriot personal bankruptcy legislation, your debtor is taken into account bankrupt if they don't repay their debts in just an affordable time frame. In Cyprus, it can be done to file for individual bankruptcy of one's debtor If your assert exceeds 854 euros.
we offer comprehensive assistance on creditors’ legal rights and secured transactions, assisting clients implement their rights and guard their passions in conditions of debtor default.
By Doing work intently with our consumers, we purpose to expedite the procedure and protected payment of your debt promptly or pursue a judgement to Get well payment.