Top Guidelines Of cyprus law firm
Top Guidelines Of cyprus law firm
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certainly, no person wants to go bankrupt. Our expertise is that the debtor all of a sudden finds a way to shell out as soon as a bankruptcy petition is submitted.
Payment promises in Cyprus have a limitation period that differs in comparison to other nations. you'll find, having said that, a number of ways to interrupt this limitation interval. For more info, it is best to contact our experts.
This enables us to stick to a versatile and shopper centered tactic as Section of our debt gathering system.
Writ of Movables/Immovables This step pertains to the attachment with the judgement to movables or immovable house and requesting their sale.
The period of legal proceedings in Cyprus will depend on the complexity of your situation and whether your debtor raises a defence.
We frequently meet the client/creditor in human being or at times as a result of Talking by way of phone or on the net by using e-mail or skype.
software to look at the monetary scenario on the Debtor Applying to the courtroom and requesting the assessment from the debtor’s financial predicament and demanding the debtor to pay for into the creditor an installment each month.
The get more info last circumstance situation is in the event the negotiations fail and there's no other alternative than to maneuver on with initiating Court proceedings versus the debtor.
Submit Bill Did a shopper in Cyprus not spend the Bill? Did you lend money that you in no way bought again? Or do you have a destruction declare over the island? Collecting superb debt in Cyprus discourages many creditors as it is difficult and time-consuming.
Our one of a kind approach to debt collection makes sure that we offer distinct information plus a customised strategy that fulfills the person desires of our clients, while also cutting down charges and rising the quantities that they are equipped to collect.
planning is paramount while in the debt collection approach in Cyprus. To be sure to're on sound ground, scrutinize contractual agreements for apparent, enforceable terms that have been thoroughly communicated for your debtor. This contains:
over the extrajudicial period, we operate based upon a contingency rate. Which means our payment is directly proportional to the quantity we Get well. We also purpose to Recuperate the fascination and collection prices from your debtor as much as feasible in order To maximise your earnings.
When working with debt collection in Cyprus, you are able to depend on Bierens. although our specialists come across the answer you'll need, you could resume company as typical. We will help you with the next scenarios:
a fairly easy way to gather the debt is through the mediation, which is a flexible and private method which will help the functions to search out their common ground and operate toward resolving their dispute by settlement. As a sort of Alternative Dispute Resolution mediation is now more and more popular.
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