cyprus law firm Fundamentals Explained

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This e-mail handle is becoming shielded from spambots. you require JavaScript enabled to perspective it. for virtually any queries on debt collections.

SCORDIS, PAPAPETROU & Co LLC is usually a dynamic and major law firm in Cyprus whose roots date from 1922. Today it's got over 30 specialised legal professionals which is renowned for its potent Global corporate and dispute resolution observe and abilities.

Debt collection agencies, for instance Debitura, Enjoy a crucial purpose in facilitating amicable debt Restoration in Cyprus. By leveraging their know-how and resources, these agencies initiate the recovery course of action by way of adept identification of debts and debtor situations, pursuing up with strategic communication makes an attempt.

it doesn't matter the situation, it's best to first access an arrangement Using the debtor right before taking any additional steps. That is why, there are two approaches through which debt Restoration can happen in Cyprus.

If we use the ecu Small statements course of action, we are able to submit your assert for the court docket inside your region. The court will then forward the declare to the Cypriot debtor. Your debtor can raise objections, and equally functions can post digital proof. The choose could even Arrange a videoconference hearing.

at the time a judgment is issued, the law firm will commence with all the applicable steps and consider any motion obtainable for the execution proceedings.

beginning a debt collection in Cyprus is rapid and simple. you could add your declare by using our online transfer form. All you will need to do is enter some details in your organisation, your debtor’s corporation and suitable documentation or invoices. you may then upload your scenario through a safe network here.

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After acquiring a remaining court final decision, if the debtor refuses to voluntarily comply with the court choice, a writ of execution ought to be acquired and offered into the bailiff for execution.

If we do not obtain, You then fork out no rate. If you decide to consider legal action towards your debtor, then we go to an hourly or fixed cost. We do not have any hidden costs and may usually seek advice from you just before continuing with virtually any legal action.

whenever a Invoice or Bill continues to be unpaid, step one click here is to attempt collection by extrajudicial or amicable suggests. The extrajudicial section entails all endeavours to collect the debt without the need of involving the courts. In 9 out of ten situations, This can be enough to recover your money.

Learn how We now have aided other customers with Global collections which include debt collection in Cyprus

following identifying The difficulty and, consequently, advising the customer regarding one of the best ways probable to additional ahead as well as the processes concerned, under the specified situation, we will then search for to determine as much as feasible concerning the debtor and his fiscal trustworthiness.

Because the debt collection professional or legal professional assigned to the circumstance is familiar with the regional tradition and organization customs, we can easily deploy a tailored solution that's suitable for keeping a solid enterprise romantic relationship with all your investing associate. When transferring your scenario, you could generally produce a note of this.

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