The cyprus law firm Diaries

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Interaction Together with the debtor starts quickly following sending the notification by mail, e mail, telephone or instant messengers.

SCORDIS, PAPAPETROU & Co LLC is usually a dynamic and main law firm in Cyprus whose roots date from 1922. now it's over 30 specialised attorneys and is renowned for its strong Worldwide corporate and dispute resolution exercise and experience.

since the main cross-border debt collection regulation firm, We've access to worldwide company databases and credit history stories. Within these databases, we could see your debtor’s credit rating standing, establish why the Bill wasn't paid and refine our system appropriately.

it doesn't matter the situation, it is best to first access an arrangement While using the debtor right before using any even further steps. This is certainly why, There's two approaches by which debt Restoration can take place in Cyprus.

in the event the debtor does not regard his or her money obligations inside this timeframe, our lawyers will then try to negotiate with her or him. within our expertise, you will discover numerous debtors who will decide to settle their debts at this stage.

every single situation is dependent upon its personal information; nevertheless, our encounter displays that The main things are persistence and timing.

After the judgment is issued, the techniques of enforcement could begin. The debtor’s assets may very well be object in the enforcement If your court docket decides so.

If payment just isn't made in the course of these 3 weeks, we mail a last reminder. Within this information, we tell your debtor that lawful actions are unavoidable if they don't pay out. We enable it to be very clear that there'll be sizeable fees affiliated with this for them.

for virtually any company, earlier because of accounts and accounts that were website defaulted on can harm company pursuits and earnings. it's important to maximise your Restoration of all dimensions of commercial debt.

We approach debt collection skillfully and help the purchasers in all phases with the debt recovery method. Our good results rate is incredibly superior as we have around this day initiated the process towards a lot more than 2000 debtors.

Collection organization concentrates on Global debt collection. Our professionals know specifically how to cope with defaulters. We now have made an successful debt collection strategy and function along with legal professionals, attorneys, and bailiffs in Cyprus.

A further forbidden action is that the creditor can't acquire more debit than it imagined to, besides the situation wherever the state law supplies so.

As our client, you've one particular devoted English speaking Get hold of. This Global debt collection specialist coordinates the techniques and maintains connection with the area specialists.

Anastasios specialises in corporate regulation matters, insurance legislation and debt collection. Moreover he has broad understanding in e-dollars and payment expert services laws.

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