The 2-Minute Rule for cyprus law firm
The 2-Minute Rule for cyprus law firm
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We do the job directly for customers, but we also enable intermediaries for example law firms or accounting companies.
We guarantee you that our firm's mission and Main values will keep on being unchanged and that we are going to proceed to deliver the same significant volume of company and determination to our shoppers that We've always furnished.
it is possible to rely on our debt recovery attorneys that will help you solve concerns effectively and immediately, making sure that your small business doesn’t practical experience the slightest difficulty.
Cyprus is an element from the EU. for that reason, it is not generally essential to collect your claim in the Cypriot lawful procedure. you will find Specific European methods to Recuperate cross-border statements. These techniques have been established to make it easier to collect unpaid bills abroad (but in the EU).
In Cyprus, amicable debt collection stands out as a value-helpful and connection-preserving system for reclaiming overdue payments. This non-litigious technique underscores negotiation and knowing, aiming to strike a balance that acknowledges the debtor's problems whilst safeguarding the creditor's economical pursuits.
we're thrilled to announce that our legislation firm has website merged with Haviaras & Philippou L.L.C., a dependable legislation firm aiming to serve the customers of both equally firms under the identify of Haviaras & Philippou L.L.C.
Filing a lawsuit against the debtor is the ultimate stage within our Cyprus debt collection method ahead of initiating execution on the judgement for the quantities because of.
If the debtor in Cyprus persistently refuses to pay for, there is absolutely no selection but to initiate authorized proceedings. How This really is done in Cyprus depends upon the level of the assert.
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To extend the statute of restrictions, the creditor will have to submit a corresponding software to the court docket ahead of initiating a assert. The limitation period of time might be interrupted in cases wherever the debtor acknowledged the debt in creating or paid out a minimum of fifty% in the debt volume, such as accrued fascination.
We strongly feel that in now’s modern day society and enterprise environment, Distinctive emphasis must be placed on substitute dispute resolution mechanisms and out-of-court settlements for resolving disputes.
you will discover sure benefits to work with law firms In terms of debt collection in Cyprus, as these can:
Antonis Paschalides & Co LLC has ordinarily represented the key banking establishments of Cyprus in collection in their area debts and has a short while ago been engaged by quite a few overseas consumers wishing to collect from Cyprus based mostly persons or companies.
From our encounter, they are a lot of people that will choose to settle their debts at this preliminary stage and negotiate a payment plan.
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