The cyprus law firm Diaries
The cyprus law firm Diaries
Blog Article
Companies prevent unpaid debts mainly because it is inconvenient and puts their popularity at risk. It adversely influences money flow, holds up critical small business processes, and could weaken interactions with creditors and workers.
Our legislation firm specialises in handling both commercial and private debts, and understands the significance of sustaining a professional strategy in debt collection to protect the relationship amongst our shoppers as well as their debtors.
given that the leading cross-border debt collection law firm, We've got entry to global company databases and credit history stories. in these databases, we will see your debtor’s credit history standing, figure out why the invoice was not compensated and refine our system accordingly.
add your case in 1 moment and our domestic debt collection specialist inside your debtor’s region will start off gathering your case instantly.
The legal collection section normally involves acquisition of an enforceable court get. This usually mandates lawful representation by means of an area attorney in Cyprus, and the costs differ dependant on the complexity of the case and the debtor's response.
we're fired up to announce that our regulation firm has merged with Haviaras & Philippou L.L.C., a dependable legislation firm aiming to serve the shoppers of equally firms under click here the title of Haviaras & Philippou L.L.C.
Acquiring lawful tips is usually recommended for both equally creditors and debtors involved in Cypriot debt collection circumstances to navigate legal complexities. Call our attorneys for authorized help.
Our choice is to gather your declare with no courtroom intervention. as a result, we constantly start a collection within the amicable phase. If this has no influence, then we will talk about your judicial alternatives with you. We won't ever intiate court proceedings devoid of your express consent.
for virtually any small business, earlier due accounts and accounts that have been defaulted on can hurt small business pursuits and earnings. it can be crucial to maximise your recovery of all dimensions of business debt.
In accordance with circumstance regulation, any amounts paid to the legal professionals as Element of the debt collection in Cyprus (supplied They are really reasonable) may be recovered as damages through the debtor In combination with any on the quantities due.
We strongly believe that in now’s modern-day Modern society and small business planet, Specific emphasis really should be put upon substitute dispute resolution mechanisms and out-of-court docket settlements for resolving disputes.
acquiring fatigued all attainable out-of-Court legal possibilities and subsequent the Recommendations of the consumer, We are going to then proceed to concern Court proceedings versus the debtor. Depending on the conditions of each case, it could be doable and correct to file an interim purchase against the debtor’s immovable house or, even, freeze his financial institution accounts up until finally the amount owed towards the creditor.
If you need support in chasing a debt, our Cypriot lawyers are at your disposal and may help you in both the amicable and court docket proceedings.
Cyprus Civil process Law: Governs the submitting of lawsuits, service of writs, as well as judicial method for debt collection, establishing the groundwork for legal steps against debtors.
Report this page