functioning globally in the web economic solutions sector, we constantly should confront complicated legal challenges that must be addressed Extraordinary urgency. We have been working closely with Antonis Paschalides & Co LLC regulation firm since 2013 and will say that they generally present thoughtful, complete, and, most importantly, useful legal guidance concerning a number of authorized issues.
Debt collection in Cyprus normally starts off inside the extrajudicial period where we ship your debtor custom-made demand letters and call them by cell phone. In case your debtor disputes the claim or fails to respond, then we will commence by getting lawful action in consultation along with you.
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processes for debt collection involving functions in several countries are matter to international agreements and rules. you can find facts from our lawyers With this regard.
Debt collection in Cyprus does not have to generally be an advanced approach. With Bierens by your facet, we can help you overcome the language, cultural and legal variances that come up when handling debt collection in Cyprus. As experts in Global debt collection, our gurus can inform you almost everything you should know when handling cross border collections and overseas debtors to effectively Recuperate your payments.
This can include things like sending demand letters, creating cellphone calls, as well as traveling to the debtor in particular check here person. If your debt is uncontested plus the debtor is prepared to pay out, This may be A fast and productive technique to recover the debt.
On this tutorial, we dig further into Every single phase of the debt collection system in Cyprus. We've got in depth answers to supply, from acquiring amicable methods to initiating bankruptcy proceedings. believe in us to become by your side by means of everything.
in some cases, when a firm is facing economical troubles, it’s tough to spend the creditors. In this Excellent conditions, collection companies or a legislation firm in Cyprus may be hired to Get better many of the creditor’s losses. normally, There exists a fee or perhaps a A part of the recovered debt that need to be paid out to those businesses.
gratification of the creditor’s demands in the process of compelled execution is completed throughout the seizure of resources and their write-off, seizure of assets with subsequent sale.
we've been committed to resolving your debt collection in Cyprus as rapidly as feasible. upon getting submitted your circumstance, we will do anything we are able to to Call your debtor in Cyprus. We make certain to obtain your debtor approached by cellular phone As well as in writing in Greek or Turkish.
When you've got any thoughts or have to have assist regarding debt collection in the Republic of Cyprus, our enterprise is able to supply our expert aid to efficiently take care of your fiscal difficulty. make sure you contact us to receive extra facts and professional assist from our professionals.
In unique scenarios, we can even interact inside a face-to-experience dialogue using your debtor in Cyprus. Should the debtor isn't going to pay back in a set timeframe, we can commence legal proceedings in your instruction. asserting legal proceedings often convinces your client in Cyprus to pay for.
Our lawyers, with more than 27 years of expertise in debtor-creditor troubles and industrial debt collections, are devoted to supplying a dedicated and value-efficient solution during the recovery of all measurements of commercial debt.