A Review Of cyprus law firm

Wiki Article

Regardless of the emphasis on amicable resolution, scenarios may occur where transitioning to legal action gets to be unavoidable. Indications for this transition contain persistent non-conversation, habitual breach of repayment agreements, or intentional dodging with the debtor.

We assure you that our firm's mission and Main values will continue to be unchanged check here and that we are going to go on to supply exactly the same superior volume of service and determination to our clients that We have now always furnished.

These tables demonstrate the very best executing legislation firms Over-all inside our rankings In this particular jurisdiction according to our assessment of aggregated rankings across all observe locations.

Recourse for Unfair techniques: buyers can request authorized assistance or file issues with appropriate authorities should they believe a debt collector violates their rights.

Filing a Defence in the event that the debtor documents an visual appearance, then he will even have to file a defence into the claim.

ship a polite reminder for your debtor, Carefully prompting them regarding their monetary obligation. This reminder should really:

The letter despatched to your Debtor is ready by our staff of attorneys in Cyprus who involve the debtor to pay in just (usually) ten days. The letter is possibly served into the debtor through a court docket officer or despatched by fax, publish or email.

The incredibly initial step we consider is to hold a gathering or a convention simply call Using the shopper, depending upon the availability on the client, to discuss the situation, critique and look at all vital documentation and see what authorized options are offered underneath the supplied situation.

just after acquiring a remaining court determination, If your debtor refuses to voluntarily adjust to the courtroom determination, a writ of execution needs to be received and introduced to the bailiff for execution.

If we don't obtain, Then you really spend no charge. If you decide to get legal motion towards your debtor, then we shift to an hourly or set fee. We would not have any concealed expenses and may often consult you before proceeding with any sort of authorized action.

In principle the statute of restrictions in Cyprus is 10 years. This period starts after you consider motion against your debtor, one example is, by sending a reminder or perhaps a desire letter.

Learn the way We have now helped other clients with Worldwide collections together with debt collection in Cyprus

just after identifying The problem we suggest the customer as to The ultimate way to shift ahead as well as the procedures concerned. We then look for to find out as much as is possible with regards to the debtor and his money trustworthiness.

Anastasios specialises in company legislation issues, insurance law and debt collection. Moreover he has large awareness in e-revenue and payment companies legislation.

Report this wiki page