running globally in the web economic products and services sector, we constantly really need to confront intricate authorized difficulties that have to be addressed Severe urgency. We happen to be Operating website closely with Antonis Paschalides & Co LLC legislation firm considering the fact that 2013 and will say they normally offer considerate, thorough, and, most importantly, practical lawful information about various legal issues.
Your trustworthy debt collection company in Cyprus, giving swift and dependable Restoration companies. Navigate with ease by means of nearby debt procedures by means of our thorough guideline, no upfront costs concerned.
given that the main cross-border debt collection regulation firm, We now have entry to world-wide small business databases and credit history reviews. Within these databases, we can easily see your debtor’s credit position, ascertain why the Bill was not compensated and refine our method appropriately.
Garnishee proceedings These proceedings purpose at acquiring out whether or not There's revenue in a very banking account (or irrespective of whether there are actually quantities due to debtor by third parties) and requesting that People quantity are paid out on to the Creditor to extinguish the debt.
if the creditor is working with loads of debtors, we utilize a expert software package intended to keep track of the Cyprus debt collection method. Should the creditor so needs, our expert software package is usually connected Along with the database in the creditor so the creditor is always informed about the procedure and at what stage (of your stages stated down below) the debt gathering process is at.
a corporation in a debt recovery circumstance will have to look for A fast and productive resolution just before it adversely has an effect on organization procedures.
The letter despatched into the Debtor is ready by our staff of legal professionals in Cyprus who have to have the debtor to pay inside of (ordinarily) ten times. The letter is both served for the debtor by way of a courtroom officer or sent by fax, publish or email.
Does your business have to handle a debt collection case in Cyprus due to the fact a Greek or Turkish buyer doesn't pay out your Bill? Our debt collection professionals and Lawyers is going to be delighted to assist you to. We be certain that your fantastic Bill is paid swiftly.
the trouble of late or simply non payment has reached Cyprus not only on an area enterprise level but also on the transactions of overseas nationals through Cyprus companies.
the prospect for An effective Restoration relies on the nature of one's debt collection circumstance. ninety five% from the cases that we fix are successfully performed so on the No treatment No pay out foundation.
This lawful framework in Cyprus makes certain that debt collection methods are equally powerful for creditors and truthful to debtors. By adhering to these laws, creditors can navigate the debt Restoration method with self esteem, figuring out They're supported by a transparent, structured lawful program intended to facilitate effective results for their recovery initiatives.
We'll constantly Speak to your debtor by sending an First demand from customers letter, which we also observe up having a mobile phone simply call. That way we keep away from any kind of miscommunication. Our tactic is always firm and respectful, and you will always be educated on the status of one's situation.
In instances wherever the debtor has no assets for seizure, take into consideration filing for bankruptcy. If the debtor is already bankrupt, submit your claim instantly for verification.
The judgment charges usually are compensated through the defendant but it really’s not a general rule, the decide might dispose that both of those parties need to pay out their section.