The Definitive Guide to debt collection cyprus
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We provide debt recovery and bad debt recovery remedies to our customers for the recovery of their revenue and property. Our seasoned group of professionals can help Using the Restoration on the debt owing, the curiosity together with damages and fees incurred.
"Debitura assisted us with debt recovery Netherlands and offered Extraordinary assistance. They were being productive, Experienced, and assisted us collect what we ended up owed."
Additionally our Law Firm is ready to carry an action ahead of any court docket in the event the circumstances need it.
Writ of Movables/Immovables This phase relates to the attachment of the judgement to movables or immovable property and requesting their sale.
although collection organizations can be employed, It is usually probable to request legal assistance, particularly when working with crucial quantities that should be recovered.
The treatment for submitting an announcement of claim is carried out by registering a claim in court, after which the defendant is obliged to offer a discover of visual appeal inside of 10 times. If these see is not really given, the creditor may well question the court docket to challenge a choice in reference to the unregistered appearance of your debtor.
Application to examine the monetary condition from the Debtor implementing on the court docket and requesting the evaluation from the debtor’s monetary problem and demanding the debtor to pay for into the creditor an installment every month.
Commonly, check here Should the process for debt declaring is just not disputed, the typical time with the concern of proceedings towards the judgment doesn’t take longer than per month.
Antonis Paschalides & Co LLC law firm has become our exterior counsels for our company action in Cyprus for the final five years. We seek advice from them on many various jobs (corporate issues, Opposition regulation, work regulation issues, internet marketing legislation, mental assets law and so forth).
The length of lawful proceedings in Cyprus is dependent upon the complexity of one's situation and ON no matter whether your debtor raises a defence.
Our specialists and attorneys always do their utmost to make sure to collect your assert as quick and effectively as you possibly can. We generally Make sure you Supply you with trustworthy and useful assistance that should deliver you the very best benefits.
They often give a state on the art and 100% reliable lawful provider in a very swift and pleasant manner. When needing attorneys in Cyprus, we would highly advocate Antonis Paschalides & Co LLC regulation firm for any sort of authorized assignment.
Cyprus’ economic system is created of various forms of companies Based on their measurement, but additionally of differing kinds of consumers. That is why when coping with debt recovery, the 1st part to take into consideration is the sort of buyer which has did not meet up with his/her economic obligations and then make a decision on the tactic to recover the fantastic amount of cash.
Our lawyers, with in excess of 27 decades of practical experience in debtor-creditor troubles and industrial debt collections, are devoted to furnishing a committed and value-efficient approach inside the recovery of all measurements of business debt.
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