Not known Factual Statements About cyprus law firm

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From basic debt collection conditions to advanced legal matters, from little enterprises to multinationals across distinctive industries, our experts have assisted above 24.

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technique for Debt Collection in Cyprus In Cyprus, debt collection in relation to industrial transactions supplies the creditor with computerized entitlements. This is predicated on Directive 2011/seven/EU on combating late payment in industrial transactions which offers for the next:

propose many strategies that assist them pay back the quantities owing in numerous installments, and therefore prevent a greater economical load.

in the event the debtor does not respect his here or her monetary obligations inside of this timeframe, our attorneys will then try to barter with him or her. In our encounter, there are numerous debtors who will opt to settle their debts at this point.

customer safety: Cyprus regulation shields people in debt collection, ensuring honest and transparent methods.

The creditor is also allowed to Get better any lawful fees paid to their lawyer for sending a letter of desire as well as the costs of filing a lawsuit if that's successful.

Our intention is to collect the extra interest and costs from your debtor; nevertheless, this depends upon the nature of your scenario. without get rid of No spend debt collection in Cyprus, you could count on the following:

How are you going to obtain the excellent debts? Which law applies? In Cyprus, your situation is further complex due to the fact a A part of the island is beneath the control of Turkey and a unique legal procedure is de facto applied.

Gradually, we increase the force as a result of cellphone phone calls, SMS or WhatsApp messages, and emails. We continue this right until the fantastic Bill is paid out. inside of a period of three months, there'll be a optimum of 16 moments of Call.

we have been devoted to resolving your debt collection in Cyprus as immediately as you can. when you have submitted your circumstance, We're going to do every thing we will to Get in touch with your debtor in Cyprus. We make sure to acquire your debtor approached by cell phone As well as in creating in Greek or Turkish.

we have been constantly committed to offering a high quality of customer care and legal provider across all our practice areas.

In Cyprus, debt recovery necessitates navigating by way of an intricate lawful framework. Adherence to those guidelines fosters successful debt recovery and upholds good processes, which are important for keeping trustworthiness in enterprise dealings.

By Operating closely with our customers, we goal to expedite the process and protected payment of the debt promptly or go after a judgement to Recuperate payment.

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