The Basic Principles Of cyprus law firm
With a lot more than 40 many years experience in debt collection, Danos & Associates offers debt collection expert services to an expanding network of clientele from Cyprus and worldwide. Our staff manages the debt collection system for regional and overseas persons, little and huge corporations, banking institutions and significant international regulation firms.
gathering debts in Cyprus encompasses reminder issuance, repayment negotiations, authorized motion initiation as well as reporting defaulters to credit history agencies.
due to the fact we get the job done with attorneys in Cyprus, we will perform all communication together with your debtor in Cypriot language. This increases the likelihood of payment even even further.
Our priority would be that the debt is gathered in quite possibly the most time productive way and Together with the the very least expenses probable. We therefore find in order to avoid litigation anywhere achievable. in lots of cases, We're going to acquire the debt in couple of weeks by basically sending a letter of desire, by which we assert the quantity owed to our consumer.
it's important to note that this is a individual system from debt collection and should be taken care of by a authorized Skilled.
If the debtor is struggling to fork out, enforcement of the declare can be carried out by getting an enforcement purchase through the courtroom. read more This enables the creditor to seize belongings or garnish wages to recover the debt.
After five months of sending reminders and reminders myself, I've chose to outsource my company's unpaid invoice to the collection organization! soon after only 1 desire from them, my client last but not least paid. A lesson for me to outsource unpaid invoices far more swiftly to defaulters Later on.
On this manual, we dig further into Every single stage of the debt collection process in Cyprus. We have complete options to supply, from acquiring amicable methods to initiating bankruptcy proceedings. Trust us to become by your facet through everything.
“Bierens can be a highly helpful and Experienced spouse. not merely have they got a fantastic debt collection procedure, they also give good advice.”
Submit your Get in touch with details and considered one of our debt collection experts will Get hold of you promptly!
We recognise that late payment is a standard problem faced by organizations in Cyprus, and that past because of accounts and defaulted payments may have a big influence on the economic passions and income of a business.
A debt collection company can handle recovering your money. Our purpose is to ensure that our customers get whatever they are entitled to as swiftly as you can.
The debt collection procedure might be advanced and overwhelming for anyone new to it. Our staff of specialists is right here that can assist you recognize the procedure and navigate it easily. Get cost-free expert advice on your particular circumstance, supplied by our crew of professional experts.
Our nearby attorneys will guide you in navigating the advanced individual bankruptcy approach, making certain your claim is filed properly and promptly.