Not known Facts About debt collection cyprus
Not known Facts About debt collection cyprus
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Does your company have to deal with a debt collection circumstance in Cyprus simply because a Greek or Turkish customer won't pay your invoice? Our debt collection professionals and attorneys will be happy to assist you to. We make sure your superb Bill is paid out swiftly.
They know particularly which procedures and legislation utilize, which courtroom we might require to head over to, And exactly how we will properly accumulate your declare.
slowly, we increase the force via cellphone phone calls, SMS or WhatsApp messages, and email messages. We proceed this until eventually the fantastic invoice is paid out. in a very duration of 3 months, there'll be considered a optimum of 16 moments of Call.
The simplified method is relevant to instances in which, within the impression of the court, the plaintiff has no genuine prospect of achievement in the situation or even the defendant has no authentic prospect of efficiently defending versus the declare. Simplified selections are created without litigation.
In this tutorial, we dig deeper into Each individual phase from the debt collection procedure in Cyprus. We've comprehensive remedies to supply, from discovering amicable remedies to initiating bankruptcy proceedings. belief us being by your facet as a result of it all.
In Cyprus, shopper rights against unfair debt collection practices are shielded beneath various restrictions, pivoting towards a balanced approach that respects the rights of both of those creditors and debtors.
if the choose can make a ruling, the authorized charges with the winning social gathering are usually awarded to your dropping get together. These prices can be collected together with the first debt, for example as a result of seizure of property.
Debt collection in Cyprus doesn't have to get a complicated procedure. With Bierens by your aspect, we will help you conquer the language, cultural and legal variances that arise when dealing with debt collection in Cyprus.
during the extremely unlikely check here celebration that we do not accumulate anything, you will not really need to pay out us any fees. you'll find a complete overview of our charges on our expenses website page.
Debt checking: consistently checking debtors’ fiscal situations to be certain well timed payments and adherence to agreed-upon terms.
nonetheless, in some instances, it's a good idea to hunt authorized help from a lawyer, especially when the stakes are superior. that is certainly why Collection Company collaborates with best legal professionals in Cyprus.
This data does not constitute legal tips. for the totally free, confidential consultation having a specialist With this space you can Get in touch with us to rearrange an appointment by cellular phone or e mail.
In accordance with Cypriot bankruptcy legislation, your debtor is considered bankrupt if they do not repay their debts inside an affordable time period. In Cyprus, it is possible to file for bankruptcy of your respective debtor In the event the assert exceeds 854 euros.
This manual underscores the need for watchful preparing, in-depth documentation, and strategic selection-generating throughout the judicial debt collection course of action in Cyprus.
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