In the event the consumer decides to problem court docket proceedings versus the debtor In the end other endeavours have failed, inside of a couple of days We're going to file the declare at the court docket.
SCORDIS, PAPAPETROU & Co LLC is a dynamic and foremost legislation firm in Cyprus whose roots date from 1922. right now it's got more than thirty specialized attorneys and is particularly renowned for its solid Intercontinental company and dispute resolution observe and know-how.
because the major cross-border debt collection law firm, we have usage of worldwide business databases and credit history experiences. inside of these databases, we will see your debtor’s credit standing, identify why the invoice wasn't compensated and refine our system appropriately.
Our Cyprus attorneys are committed to excellence in all parts of services and our services benchmarks use in all situations.
capable assets might be squandered because of the creditor to observe up on usually irrecoverable debts because of and sometimes, the creditor’s only selection is to treat the debts as “terrible”.
A company inside a debt recovery situation need to request A fast and productive resolution before it adversely affects small business procedures.
Chambers & Co can guide with debt restructuring and negotiations, aiding clients access mutually advantageous agreements with their debtors though averting pricey lawful disputes.
regardless of whether you choose to refer to us in either the extrajudicial or judicial debt collection stages in Cyprus or overseas, our Business is Completely ready to assist you.
Submit Bill Did a client in Cyprus not fork out the invoice? Did you lend dollars that you choose to under no circumstances received back again? Or do there is a problems assert on the island? gathering fantastic debt in Cyprus discourages several creditors mainly because it more info is complex and time-consuming.
We need to file your declare with one of several 5 district courts to the island (in Nicosia, Limassol, Larnaca, Paphos, or Famagusta). We make this happen by making ready a discover of default and sending it towards the court.
In Cyprus, the limitation interval for statements is six many years with the day of the last payment or acknowledgement on the debt. It is important for creditors to be aware of this timeframe and choose motion within the limitation period of time to Get better the debt.
we're always devoted to furnishing a high quality of consumer treatment and authorized support throughout all our apply locations.
during the realm of debt collection inside of Cyprus, the involvement of legal professionals results in being important when navigating in the judicial phases of recovering debts. normally, their involvement is sought after when amicable solutions are fatigued or once the complexity and scale in the debt necessitate formal legal proceedings. Lawyers in Cyprus are instrumental in drafting meticulous lawful files, initiating the lawsuit by submitting a Writ of Summons, and robustly representing the creditor all over the court proceedings.
Anastasios specialises in corporate law matters, insurance coverage regulation and debt collection. Moreover he has huge expertise in e-cash and payment services legislation.