The Definitive Guide to debt collection cyprus
The Definitive Guide to debt collection cyprus
Blog Article
we offer debt recovery and negative debt recovery methods to our clients to the Restoration of their funds and belongings. Our seasoned team of experts can guide with the recovery in the debt thanks, the curiosity in addition to damages and fees incurred.
With our professional litigation practical experience and expertise, we are greater positioned to navigate difficult disputes and promises to obtain a faster and seamless recovery.
3rd social gathering Cookies This Web page makes use of Google Analytics to gather anonymous details like the quantity of site visitors to the positioning, and the most popular pages.
Privacy Overview This Internet site uses cookies to make sure that we can supply you with the very best person experience attainable. Cookie information is stored as part of your browser and performs capabilities for instance recognising you when you come back to our Web-site and serving to our crew to be familiar with which sections of the website you find most fascinating and beneficial.
If we use the European Small Claims treatment, we will post your claim to your court docket in the nation. The court docket will then ahead the declare on your Cypriot debtor. Your debtor can elevate objections, and both of those events can post electronic evidence. The judge may possibly even organize a videoconference Listening to.
The course of action for filing an announcement of assert is performed by registering a assert in court, and then the defendant is obliged to offer a discover of visual appearance in ten times. If such observe will not be supplied, the creditor may perhaps question the court docket to issue a decision in reference to the unregistered overall look from the debtor.
the worldwide financial crisis couldn't but have extended to Cyprus, way too, and monetary transactions occurring in Cyprus. Liquidity getting a intense problem, it can be nowadays paramount for corporations to gather whatever they are owed for products and/or providers presented.
Because the debt collection specialist or law firm assigned towards your case is knowledgeable about the community culture and business enterprise customs, we will deploy a customised method that is appropriate for preserving a solid business romantic relationship with your buying and selling associate. When transferring your scenario, you can generally create a Take note of this.
Antonis Paschalides & Co LLC law firm has been our external counsels for our business enterprise activity in Cyprus for the final 5 years. We seek the advice of them on numerous assignments (company issues, Opposition regulation, work legislation concerns, internet marketing legislation, mental property regulation and many others).
Satisfaction with the creditor’s demands in the process of pressured execution is performed in the seizure of cash as well as their write-off, seizure of house with subsequent sale.
We recognise that late payment is a common situation faced by enterprises in Cyprus, Which previous owing accounts and defaulted payments can have a significant influence on the monetary pursuits and revenue of a business.
Find out website how We've got aided other clients with Intercontinental collections which include debt collection in Cyprus
In some cases we look at it correct to file an interim get against the debtor’s immovable property or freeze his accounts. throughout the court docket proceedings there is always a chance of settlement without the ought to go for a Listening to.
as the debt collection specialist or lawyer assigned for your circumstance is familiar with the nearby society and organization customs, we can easily deploy a custom made approach that is definitely appropriate for maintaining a powerful organization connection using your trading associate. When transferring your case, you may always come up with a note of this.
Report this page