lawful Consultation if required: need to amicable resolution establish unfruitful, we provide a few competitive prices from community law firms, empowering you to create educated decisions regarding authorized motion.
occasionally we think about it correct to file an interim buy from the debtor’s immovable residence or freeze his accounts. During the Court proceedings there is usually a chance of settlement without the should Opt for a Listening to.
Arbitration in Cyprus provides an alternative where by a neutral arbitrator, or panel, can make a choice within the make any difference after hearing the proof and arguments from both sides.
The payment get is then despatched on your debtor. The debtor has the opportunity to file an objection to the declare. If that does not take place, we can implement the European Payment Order by seizing belongings out of your debtor.
Efstathios C. Efstathiou LLC is a leading multi-disciplinary established that has a very pleased reputation of being Skilled, approachable and modern day. The Firm is distinguished for its entrepreneurial and pragmatic strategy, Worldwide point of view and unparalleled lawful apply.
Cypriot debt collection activities are controlled by shopper protection legal guidelines, prohibiting abusive or harassing methods from the collection procedure.
Our real-estate experts assist people today and corporate entities in all areas of real-estate, drawing from substantial experience and familiarity with the marketplace.
Our environment course assorted staff of gurus include certified insolvency practitioners, skilled accountants, asset supervisors and attorneys with the two local and Worldwide practical experience which have mastered their fields and so are recognised for their talents to work closely and efficiently with our consumers.
Statute of Limitations: typical limitation duration of six years for the majority of civil steps, like debt recovery, extendable less than selected disorders.
That’s why we can easily talk to the courtroom in Cyprus to impose an interim attachment. Consequently the debtor’s belongings might be put in custody by a bailiff right up until a courtroom determination is built. As long because the property are underneath attachment, your debtor can not obtain them.
The good results level of debt Restoration in Cyprus for B2B debts depends upon different elements, including the debtor's economic problem and willingness to cooperate. In addition, it is determined by the character in the operations and amount of overdue invoices.
Be advised that this letter is here really an Formal notice, which can be offered as evidence in authorized proceedings, in the event you are unsuccessful to very clear the debt inside the specified timeframe. more lawful costs and attorney charges could possibly be incurred, plus your creditworthiness may go through to be a consequence.
Your trustworthy debt collection company in Cyprus, giving swift and dependable Restoration expert services. Navigate easily by area debt practices via our comprehensive guideline, no upfront charges associated.
Our very long affiliation and collaboration using this Committee sites us within an enviable posture as compared to other debt collection businesses, to gather Global debts.