The Ultimate Guide To debt collection cyprus

As professionals in Intercontinental debt collection, our gurus can show you almost everything you should know when addressing cross-border collections and foreign debtors to productively Recuperate your payments. uncover every thing you should know for a successful debt recovery in Cyprus.

Learn how We now have served other clients with international collections including debt collection in Cyprus

As the top cross-border debt collection law firm, Now we have use of international company databases and credit studies. inside of these databases, we will look at your debtor’s credit history standing, determine why the invoice wasn't compensated and refine our tactic appropriately.

Cyprus is part of the EU. thus, It is far from usually needed to check here obtain your declare through the Cypriot lawful program. you can find Exclusive European procedures to Get well cross-border statements. These methods are founded to make it less complicated to collect unpaid charges overseas (but within the EU).

in the end, it is your decision whether or not you want to continue with authorized action. If you do, our Worldwide debt collection specialist will examine along with you the legal possibilities accessible and what the authorized course of action will entail.

Listening to following numerous other procedural actions, a date is set to get a Listening to exactly where both equally get-togethers present their situation through their witnesses.

typically, an easy discussion might help clarify misunderstandings and expedite debt resolution. When achieving out, it’s important to:

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Whether it is from the out-of-court docket stage, the summary judicial process or insolvency proceedings, the key is usually to act within the limitation interval and know about the options dispute resolution mechanisms out there.

Statute of Limitations: basic limitation duration of six several years for some civil steps, like debt recovery, extendable under certain problems.

We have been dealing with Antonis Paschalides & Co LLC legislation firm for more than forty several years now on many various assignments (examining of contracts, company matters, work law difficulties, representation right before the ecu court docket of Justice on the Cyprus bail in cases just to name some).

A debt collection company can take care of recovering your hard earned money. Our purpose is to make certain that our purchasers acquire what they are entitled to as swiftly as you can.

Also, the credit score collector are unable to use Phony statements in its attempts to Get well the dues or using A different identity. Accusations of any type can't be resolved to the debtor.

It’s forbidden for the collector to utilize abusive language, to create general public a listing With all the debtors (Although he can offer this info to other businesses) or to harass the debtor with many calls.

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