The smart Trick of cyprus law firm That Nobody is Discussing
The smart Trick of cyprus law firm That Nobody is Discussing
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SCORDIS, PAPAPETROU & Co LLC can be a dynamic and foremost law firm in Cyprus whose roots date from 1922. nowadays it's got a lot more than thirty specialised lawyers and is particularly renowned for its powerful Global corporate and dispute resolution practice and expertise.
In Cyprus, the civil court docket process is intricately structured to guarantee in depth and truthful authorized proceedings. It demonstrates the nation's adherence to each local and European Union lawful specifications, catering to a wide range of civil disputes like debt collection.
Failure to respond to the makes an attempt of Speak to with the creditor, Restoration agency, or attorney will often cause the latter submitting for a courtroom order from the due quantity is acquired.
This letter features a paragraph that in the event that the debtor won't answer throughout the deadline then authorized proceedings will probably be initiated by our workforce of Cyprus legal professionals.
Cypriot debt collections is usually effectuated not only inside the place, but overseas, too. as a result, Although a debt was manufactured in Cyprus, if the debtor moved out on the nation at a later date, a court docket action could possibly be submitted and then the debt repayment is often enforced inside the debtor’s country of residence.
The global economic crisis couldn't but have prolonged to Cyprus, also, and economic transactions taking place in Cyprus. Liquidity staying a significant trouble, it can be these days paramount for firms to collect whatever they are owed for products and/or products and services supplied.
this method involves sending a payment reminder on our behalf. usually, this is enough to implement payment of your excellent amount.
It's not unheard of for these to also refer the debts to collection companies or lawyers in Cyprus, as they want to Get better their funds immediately.
When dealing with debt collection in Cyprus, you may rely on Bierens. even though our industry experts come across the solution you need, you'll be able to resume company as normal. We can assist you with the subsequent cases:
We are devoted to resolving your debt collection in Cyprus as quickly as possible. when you have submitted your circumstance, We'll do all the things we will to contact your debtor in Cyprus. We be certain to get your debtor approached by mobile phone and in writing in Greek or Turkish.
This is dependent upon each scenario and debtor. We generally get started from the amicable debt collection stage. This process will take a relatively short time due to the fact we offer your debtor with restricted time to accomplish the payment. When starting up your circumstance, your caseworker will deliver an estimate from the duration of your respective scenario.
Cypriot debt collection routines are here controlled by purchaser protection legal guidelines, prohibiting abusive or harassing procedures while in the collection course of action.
Anastasios specialises in corporate legislation issues, insurance policies legislation and debt collection. On top of that he has vast awareness in e-income and payment products and services legislation.
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