Not known Facts About cyprus law firm
Not known Facts About cyprus law firm
Blog Article
conversation Using the debtor starts straight away just after sending the notification by mail, e-mail, phone or prompt messengers.
According to Cypriot law, It's not at all obligatory to hire a lawyer to file a lawsuit versus your debtor, neither is it necessary to have a lawyer characterize you during the lawful proceedings.
Debt collection organizations, for example Debitura, play a crucial function in facilitating amicable debt recovery in Cyprus. By leveraging their expertise and means, these organizations initiate the Restoration system by way of adept identification of debts and debtor conditions, pursuing up with strategic conversation makes an attempt.
Debt collection in Cyprus doesn't have to be a sophisticated method. With Bierens by your side, we will let you prevail over the language, cultural and authorized differences that arise when handling debt collection in Cyprus.
nevertheless, occasionally, it can be a good idea to hunt lawful help from a lawyer, particularly when the stakes are significant. that's why Collection business collaborates with best legal professionals in Cyprus.
this technique is applied to establish connection with the debtor. We find the method of softly communicating having a debtor first for being extremely helpful for debt collection in Cyprus. There are tons of cases where by debtors, the moment they know that their case has actually been assigned to debt collectors in Cyprus, particularly if they're lawyers, will consider that the make any difference need to be settled.
it ought to be mentioned that the court docket can implement the freezing with the debtor’s bank account or perhaps to concern an buy from any immovable property the debtor has.
The last situation state of affairs is in the event the negotiations are unsuccessful and there's no other selection than to move on with initiating court docket proceedings against the debtor.
For any business enterprise, earlier thanks accounts and accounts that have been defaulted on can hurt organization passions and profits. it can be crucial to maximise your Restoration of all sizes of click here economic debt.
We method debt collection professionally and aid the clients in all phases of the debt Restoration process. Our achievements level is incredibly substantial as We now have nearly this day initiated the method against greater than 2000 debtors.
In the event your debtor in Cyprus refuses to pay during the extrajudicial period, just after discussion along with you, we could go to Court in Cyprus .
If compelled execution isn't going to bring on good outcomes, if you will discover signs of personal bankruptcy (the debtor is not able to repay the debt, has committed an act of individual bankruptcy, and so forth.) and offered that the level of the debt is not less than 15,000 euros, then it really is a good idea to initiate bankruptcy proceedings.
Do you have a debt collection circumstance in Cyprus? you should depart your Get hold of data and amongst our specialists will get in contact along with you as soon as possible to debate your scenario.
It’s forbidden for any collector to employ abusive language, to make public a listing with the debtors (While he can offer this info to other companies) or to harass the debtor with several phone calls.
Report this page