working globally in the online economic expert services sector, we generally have to deal with sophisticated lawful troubles that must be dealt with Serious urgency. We have been Operating closely with Antonis Paschalides & Co LLC legislation firm due to the fact 2013 and can say they constantly provide thoughtful, thorough, and, most importantly, practical authorized suggestions pertaining to various lawful matters.
SCORDIS, PAPAPETROU & Co LLC is often a dynamic and primary law firm in Cyprus whose roots date from 1922. currently it's got over 30 specialized lawyers and it is renowned for its strong Global corporate and dispute resolution follow and experience.
As the top cross-border debt collection legislation firm, Now we have use of international organization databases and credit score reports. within just these databases, we could see your debtor’s credit score position, identify why the invoice was not paid out and refine our approach appropriately.
suggest a variety of methods that aid them pay the amounts thanks in several installments, and so steer clear of a better monetary burden.
An unconditional courtroom buy from your judicial debt collection process, together with the debtor's solvency, empowers bailiffs to implement your declare as a result of asset seizure/salary attachment. Insolvency proceedings keep on being the last vacation resort for debt Restoration in Cyprus when the debtor is insolvent.
mail a well mannered reminder to your debtor, Carefully prompting them with regards to their economic obligation. This reminder really should:
The debt collection treatment in Cyprus starts by having an evaluation with the debtor’s solvency, his discipline of exercise, the heritage of the company, The supply of documentary evidence with the debt, present court instances and enforcement procedures, in addition to the opportunity of complicated the debt.
The really first step we consider is to carry a meeting or even a conference call While using the consumer, based on the availability in the consumer, to discuss the situation, critique and take a look at all important documentation and see what lawful choices are offered beneath the specified situation.
when you disable this cookie, we will not be in the position to preserve your preferences. Which means each time you check out this Web page you will need to enable or disable cookies once again.
faucet into Debitura's pro network of neighborhood debt recovery bailiffs and lawyers. start out your assert now.
each time a Invoice or Bill stays unpaid, the first step is to aim collection via extrajudicial or amicable indicates. The extrajudicial section entails all endeavours to collect the debt without the need of involving the courts. In 9 from ten cases, This is often enough to Get well your hard earned money.
must the negotiations fail and there's no other solution We're going to shift forward with issuing courtroom proceedings. That is provided that we truly feel that there is a Great possibility of achievement in court docket and good results in amassing the debt.
occasionally we consider it appropriate to file an interim buy against the debtor’s immovable assets or freeze his read more accounts. over the courtroom proceedings there is always a chance of settlement with no must Opt for a Listening to.
As by now mentioned, in the event that our debt collection course of action as a result of gentle communication and negotiation fails, we will progress with sending a letter of desire on the debtor. This is still Section of our out of court approach in bringing the treatment of debt collection in Cyprus to an in depth.