Not known Factual Statements About cyprus law firm
Not known Factual Statements About cyprus law firm
Blog Article
We operate instantly for clientele, but we also assist intermediaries for instance law firms or accounting businesses.
the prospect for A prosperous Restoration will depend on the nature within your debt collection scenario. We fix 95% of all cases with a contingency foundation.
official observe: challenge a formal observe letter, outlining the debt and the results of non-payment.Our regional vetted collectors cope with this phase, ensuring cultural and authorized appropriateness. appreciate our "No Cure, No pay out" pricing design, this means you only fork out if the debt is properly recovered.
Issuing Court proceedings is the final vacation resort when the debtor isn't willing to settle his debt without the have to have for litigation. The customer/creditor will be recommended as to whether it is worthy of gonna court docket and the sensible chances of results in Court and collection from the debt.
In the event the amicable solution fails, escalate the subject by way of lawful proceedings to acquire a courtroom judgment, important for debt enforcement.
It's because of the following legal proceedings which may occur which act as a disincentive for them to stall the debt collection procedure more.
as an example, we could do that by requesting an order of seizure. In that circumstance, the court appoints a bailiff to seize property from a debtor. it is actually even doable to seize property from 3rd events.
no matter if you select to refer to us in either the extrajudicial or judicial debt collection stages in Cyprus or abroad, our office is ready To help you.
However, on condition that lawyers Have got a legit motive to know, all facts with the debtor, and especially all details which is publicly offered (for instance If they're attained the Registrar of providers in Cyprus) may be used through the legal professionals.
The length of authorized proceedings in Cyprus will depend on the complexity of the situation and ON no matter whether your debtor raises a defence.
With our in-residence debt collection recovery procedures, we will be able to supply our clientele with correct and important support or suggestions. We divide debt collection into two significant levels: extrajudicial debt collection and judicial debt collection.
charges and charges: Administrative fees commence from €185 for initiating the collection course of action, with additional costs according to scenario complexity.
If you need assist in chasing a debt, our click here Cypriot lawyers are at your disposal and can help you in both of those the amicable and court docket proceedings.
By Doing work intently with our consumers, we aim to expedite the process and secure payment with the debt immediately or go after a judgement to Get better payment.
Report this page