From straightforward debt collection situations to elaborate lawful issues, from modest companies to multinationals throughout different industries, our experts have assisted over 24.
Our intention is to supply a speedy and cost effective debt collection support to our purchasers. Our staff of lawyers in Cyprus comply with all the traditional collection processes and may advise the best suited collection tactic, obtaining regard for the consumer’s best passions.
Formal observe: situation a proper observe letter, outlining the debt and the implications of non-payment.Our nearby vetted collectors take care of this period, ensuring cultural and legal appropriateness. get pleasure from our "No treatment, No Pay" pricing model, which means You simply pay if the debt is effectively recovered.
Most of the cases are resolved through the extrajudicial collection stage, on the other hand, while in the celebration exactly where a debtor neglects to pay, the situation is handed in excess of to the authorized Office along with the assigned attorney will check out to influence the debtor to pay amicably inside of a specified timeframe agreed Along with the shopper.
However, in some instances, it truly is highly recommended to seek legal aid from a lawyer, particularly when the stakes are higher. that's why Collection enterprise collaborates with prime legal professionals in Cyprus.
Cypriot debt collections may be effectuated not only In the country, but overseas, as well. hence, Regardless that a debt was built in Cyprus, When the debtor moved out of the place in a later on date, a court docket action could be submitted then the debt repayment is usually enforced inside the debtor’s country of residence.
Should the debtor documents a recognize to appear in court, he should also file his protection to the assert. additional, in accordance with the principles, the court sets a date for any court Listening to at which the events current their arguments plus the court docket tends to make a final decision.
Whether you end up picking to refer to us in possibly the extrajudicial or judicial debt collection phases in Cyprus or overseas, our office is Prepared to assist you.
This stage get more info is vital for formalizing the debt and enabling even further enforcement actions. Our network of area attorneys will signify your case in court, delivering expertise and familiarity with community rules.
Collection of receivables in Cyprus is completed by submitting a assert beneath the normal or substitute treatment (while in the absence of a significant dispute within the info) and thru a simplified treatment.
from the hugely unlikely party that we do not obtain anything at all, you will not must fork out us any service fees. You can find a full overview of our expenses on our service fees webpage.
A debt collection agency can handle recovering your hard earned money. Our aim is to make certain that our customers receive the things they are entitled to as promptly as feasible.
In situations where by the debtor has no belongings for seizure, contemplate submitting for individual bankruptcy. If the debtor is already bankrupt, post your assert immediately for verification.
From our working experience, They're a lot of individuals that will elect to settle their debts at this preliminary phase and negotiate a payment system.