whether it is not possible to gather the debt by an amicable process, you may have the choice to initiate authorized proceedings. underneath, we demonstrate what equally the extrajudicial and amicable phases entail in Cyprus.
Our purpose is to provide a fast and affordable debt collection service to our customers. Our crew of attorneys in Cyprus follow all the standard collection procedures and can recommend the best suited collection tactic, acquiring regard to the shopper’s finest pursuits.
commencing a debt collection in Cyprus is rapid and straightforward. you'll be able to add your claim by means of our on the internet transfer variety. All you have to do is enter some particulars on your own organisation, your debtor’s firm and related documentation or invoices. you are able to then add your circumstance by way of a secure network in this article.
Upload your circumstance in one minute and our domestic debt collection professional in the debtor’s place will get started amassing your circumstance straight away.
nonetheless, sometimes, it truly is a good idea to seek lawful support from an attorney, specially when the stakes are large. that is certainly why Collection business collaborates with major legal professionals in Cyprus.
each circumstance is dependent upon its own specifics; on the other hand, our practical experience demonstrates that The most crucial elements are persistence and timing.
Debtors frequently acquire severely a letter of declare coming from a lawyer, rather than any letters from the creditors, by themselves. with none question, quite a few debtors want to stay away from lawful proceedings versus them and may be willing to settle their money obligations outside of courtroom.
no matter if you choose to refer to us in both the extrajudicial or judicial debt collection stages in Cyprus or overseas, our Office environment is Completely ready To help you.
The legal program in Cyprus is predicated on the prevalent law process, Using the Supreme Court currently being the highest court docket of attraction. The court docket approach for debt collection is often prolonged and dear, but it is a necessary phase for creditors with unpaid, uncontested statements.
Considering that if achieving court docket proceedings, a judge can dispose for that owing quantities to generally be withheld straight from the debtor’s bank account, reaching an amicable arrangement is commonly the picked out route.
Collection firm makes a speciality of international debt collection. Our specialists know exactly how to handle defaulters. We've got designed an successful debt collection approach and get the job done together with legal professionals, Lawyers, and bailiffs in Cyprus.
How someone approaches debt collection in Cyprus is incredibly crucial. We are aware that click here when amassing your debts, time is of your essence. We also understand that take into account
When working with debt collection in Cyprus, you'll be able to rely on Bierens. though our professionals find the answer you'll need, you are able to resume company as normal. We will let you with the following conditions:
Issuing court docket proceedings is the final situation circumstance, provided that any other out-of-court docket achievable choice has long been fatigued. But, if a debtor is not really prepared to settle his debt and, hence, adjust to his financial obligations to the creditor, then the judicial route of initiating court docket proceedings against him is the one noticeable Remedy.