5 Simple Techniques For debt collection cyprus
5 Simple Techniques For debt collection cyprus
Blog Article
In case the customer decides to problem courtroom proceedings against the debtor In spite of everything other initiatives have failed, inside a couple of days We'll file the declare for the courtroom.
Enforcement may be used for nearly ten years following a judgement is issued. The court docket enforcement processes which our staff of Cyprus attorneys will perform on behalf in the creditor are:
That’s why we could talk to the courtroom in Cyprus to impose an interim attachment. Therefore the debtor’s property will likely be positioned in custody by a bailiff until finally a court docket final decision is built. assuming that the assets are below attachment, your debtor cannot entry them.
Debt collection in Cyprus does not have for being an advanced method. With Bierens by your aspect, we will help you defeat the language, cultural and lawful discrepancies that arise when addressing debt collection in Cyprus.
The length of authorized proceedings in Cyprus depends upon the complexity of one's scenario and whether your debtor raises a defence.
000 businesses around the world, together with Cyprus. Learn how our Worldwide specialists and attorneys have assisted other companies in an identical situation and uncover the answer for debt collection in Cyprus.
The debt collection technique in Cyprus begins using an evaluation from the debtor’s solvency, his area of exercise, the historical past of your business, The check here provision of documentary evidence on the debt, present-day court scenarios and enforcement techniques, along with the possibility of challenging the debt.
Does your company have to cope with a debt collection circumstance in Cyprus simply because a Greek or Turkish shopper isn't going to pay back your invoice? Our debt collection specialists and attorneys is going to be delighted to help you. We make certain that your remarkable invoice is paid quickly.
After obtaining a last courtroom selection, If your debtor refuses to voluntarily comply with the court docket decision, a writ of execution really should be attained and offered to your bailiff for execution.
If we don't collect, then you spend no charge. If you decide to just take authorized motion in opposition to your debtor, then we transfer to an hourly or preset charge. We would not have any concealed prices and may generally talk to you before proceeding with any type of lawful action.
The amicable route gives several rewards for all get-togethers associated. Creditors circumvent the hefty expenditures connected with lawful proceedings and at the same time maintain a must have enterprise associations, because of the approach’s cordial mother nature.
Learn how we have aided other clients with international collections such as debt collection in Cyprus
you are able to Stick to the correspondence using your debtor in Cyprus via our Internet portal 24/7. Moreover, your caseworker will generally contact you by phone or in composing to maintain you informed around the progress of the debt collection in Cyprus.
The payment get is then sent to your debtor. The debtor has the opportunity to file an objection on the assert. If that does not transpire, we are able to implement the European Payment buy by seizing belongings from your debtor.
Report this page