debt collection cyprus Can Be Fun For Anyone
debt collection cyprus Can Be Fun For Anyone
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Interaction While using the debtor commences immediately soon after sending the notification by mail, e mail, phone or immediate messengers.
SCORDIS, PAPAPETROU & Co LLC can be a dynamic and main law firm in Cyprus whose roots date from 1922. now it's over thirty specialized lawyers and is renowned check here for its solid international company and dispute resolution practice and know-how.
There exists a deadline within which creditors can lawfully go after debt collection in Cyprus, ordinarily 6 decades through the date of default.
Our priority would be that the debt is collected in essentially the most time productive way and Using the the very least expenditures attainable. We thus search for to stay away from litigation where ever possible. in lots of conditions, We're going to gather the debt in just several months by simply sending a letter of desire, through which we claim the amount owed to our consumer.
in the long run, it is your decision whether you wish to move forward with authorized motion. If you need to do, our international debt collection specialist will focus on with you the authorized options accessible and exactly what the lawful course of action will entail.
A company in a debt recovery situation need to seek A fast and economical resolution right before it adversely affects enterprise procedures.
Seized assets may be offered via general public auctions, with proceeds utilized to satisfy the outstanding debts in accordance with legal priorities.
Our choice is to collect your claim with out court docket intervention. thus, we normally start a collection within the amicable section. If this has no effect, then We are going to focus on your judicial possibilities with you. We won't ever intiate courtroom proceedings without having your express consent.
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Submit your Call specifics and one of our debt collection professionals will Get in touch with you instantly!
Creditors usually deliver need letters to debtors with the assistance of our Cypriot debt collection attorneys, outlining the quantity owed, payment terms, and the results of non-payment.
really should your debtor are unsuccessful to reply, then our professionals and lawyers can offer you using an expected result or program of motion within four months. If authorized proceedings are essential, the debt collection method usually takes more time. The length relies on the lawful proceedings and on whether the debtor raises a defence.
different dispute resolution procedures like mediation and arbitration could possibly be explored before resorting to lawful proceedings. you can obtain these debt recovery services in Cyprus from our lawyers.
We aim to deliver benefit for all our clients and welcome opinions on any element of the services we offer.
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