THE ULTIMATE GUIDE TO DEBT COLLECTION CYPRUS

The Ultimate Guide To debt collection cyprus

The Ultimate Guide To debt collection cyprus

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Submit your contact aspects and considered one of our debt collection specialists will contact you right away!

Our legislation firm specialises in managing each industrial and private debts, and understands the significance of protecting knowledgeable tactic in debt collection to protect the connection in between our clientele and their debtors.

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Bierens is actually a remarkably effective and Qualified associate. Not only have they got a very good debt collection process, they also give strong assistance

This letter features a paragraph that in the event the debtor won't react inside the deadline then authorized proceedings will probably be initiated by our workforce of Cyprus legal professionals.

it is necessary to say, at this time, that in the course of the courtroom proceedings, there is often a probability of settlement, with no have to have to reach the final courtroom phase, namely the Listening website to of the case.

Our international debt collection Lawyers have extensive knowledge and knowledge of legislation and laws in Cyprus. We be certain to acquire your debtor approached by mobile phone As well as in crafting in Greek or Turkish.

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in some cases, when a corporation is going through economic problems, it’s tough to pay out the creditors. Within this Remarkable scenarios, collection businesses or a regulation firm in Cyprus could possibly be employed to Get well some of the creditor’s losses. commonly, There exists a charge or a Section of the recovered debt that have to be paid out to these agencies.

Our distinctive approach to debt collection makes certain that we offer precise know-how as well as a customised approach that meets the individual requirements of our clients, whilst also lessening expenses and raising the quantities that they're in a position to gather.

in the event the judge makes a ruling, the lawful prices of the successful celebration are generally awarded for the shedding social gathering. These charges can be gathered together with the original debt, such as as a result of seizure of property.

George Y. Yiangou LLC may perhaps support and act on behalf of our clientele with discretion, professionalism and sensitivity on any debt collection make a difference in Cyprus.

In some cases we consider it correct to file an interim get in opposition to the debtor’s immovable house or freeze his accounts. over the courtroom proceedings there is usually a probability of settlement without the must Choose a hearing.

In Cyprus, amicable debt collection stands out as a cost-efficient and partnership-preserving approach for reclaiming overdue payments. This non-litigious solution underscores negotiation and understanding, aiming to strike a harmony that acknowledges the debtor's ailments while safeguarding the creditor's money interests.

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