Detailed Notes on debt collection cyprus

Interaction with the debtor commences promptly just after sending the notification by mail, e mail, telephone or fast messengers.

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In addition our legislation Firm is ready to bring an motion ahead of any courtroom when the situations need it.

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An unconditional court purchase from your judicial debt collection method, along with the debtor's solvency, empowers bailiffs to enforce your assert by asset seizure/income attachment. Insolvency proceedings continue to be the last vacation resort for debt recovery in Cyprus when the debtor is insolvent.

we have been energized to announce that our law firm has merged with Haviaras & Philippou L.L.C., a reliable law firm aiming to provide the clients of both of those firms under the title of Haviaras & Philippou L.L.C.

 Acquiring lawful tips is recommended for both equally creditors and debtors involved in Cypriot debt collection conditions to navigate lawful complexities. Speak to website our lawyers for legal enable.

this method features sending a payment reminder on our behalf. most often, This is often enough to implement payment in the excellent volume.

need to we believe that the debtor has no economical believability and wouldn't spend In spite of a courtroom judgment within our palms, we would then recommend the client It's not necessarily well worth pursuing this matter in Court. This is, on the other hand, not often the situation given that the debt are going to be gathered correctly in the majority of situations.

Submit your Speak to aspects and considered one of our debt collection experts will Call you immediately!

If your debtor in Cyprus refuses to pay in the extrajudicial phase, immediately after discussion along with you, we will visit court docket in Cyprus .

They always give a state from the artwork and 100% trusted legal assistance inside a swift and friendly method. When needing legal professionals in Cyprus, we might extremely advise Antonis Paschalides & Co LLC law firm for any type of lawful assignment.

if you want help in chasing a debt, our Cypriot attorneys are at your disposal and may help you in both of those the amicable and court proceedings.

The judgment expenses tend to be paid from the defendant nevertheless it’s not a basic rule, the decide may perhaps dispose that both get-togethers ought to shell out their portion.

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