The smart Trick of cyprus law firm That Nobody is Discussing

This email handle is being protected from spambots. you require JavaScript enabled to view it. for just about any thoughts on debt collections.

the possibility for A prosperous Restoration depends upon the character of your respective debt collection scenario. We fix 95% of all instances on a contingency basis.

That’s why we are able to talk to the courtroom in Cyprus to impose an interim attachment. Which means the debtor’s property will likely be positioned in custody by a bailiff until finally a court docket conclusion is designed. so long as the belongings are less than attachment, your debtor can't accessibility them.

Our Cyprus attorneys are dedicated to excellence in all areas of service and our provider benchmarks utilize in all cases.

The period of lawful proceedings in Cyprus will depend on the complexity of the case and whether or not your debtor raises a defence.

We frequently meet up with the consumer/creditor in man or woman or sometimes via speaking by using cellular phone or on the internet by way of email messages or skype.

it ought to be pointed out which the court can enforce the freezing in the debtor’s checking account or even to difficulty an order versus any immovable house the debtor has.

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Antonis Paschalides & Co LLC law firm is our external counsels for our enterprise action in more info Cyprus for the final five several years. We check with them on a variety of projects (corporate matters, Competitiveness legislation, work law concerns, advertising legislation, mental residence regulation etc).

the possibility for A prosperous Restoration depends on the nature of your debt collection circumstance. ninety five% from the scenarios that we clear up are effectively done so on the No heal No spend basis.

preparing is paramount while in the debt collection process in Cyprus. To be sure to're on sound ground, scrutinize contractual agreements for obvious, enforceable terms that were properly communicated to the debtor. This involves:

costs and fees: Administrative charges start off from €185 for initiating the collection method, with more costs depending on scenario complexity.

Our team of experts can help in insolvency and individual bankruptcy proceedings, aiding creditors secure their passions and Get well their debts successfully.

even so, even in this case, There exists a chance of achieving a settlement through which the debtor will dedicate to paying out the because of sum of money.

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