com. they might information you in the enforcement method, dealing with the legal details, and helping you Recuperate your debt in a very well timed and productive method.
The initiation from the debt enforcement system in Cyprus hinges within the creditor's capability to existing a assert backed by an enforceable doc. This document is pivotal in proving the debtor’s obligation and may vary from judicial rulings to ratified agreements.
Arbitration in Cyprus presents an alternate where by a neutral arbitrator, or panel, tends to make a choice on the make a difference following Listening to the proof and arguments from both here sides.
Our debt collection process aims just at combating strategic responses of debtors in not paying whatever they owe although in conditions where the debtor is truly not able to fork out, we provide a versatile technique according to the needs of the consumer.
This allows us to stick to a flexible and customer centered tactic as Element of our debt collecting approach.
If you need help in chasing a debt, our Cypriot legal professionals are at your disposal and may help you in both the amicable and court proceedings.
It is far from generally feasible to depend on the Cypriot legal program. This is the scenario Whenever your debtor is located in Northern Cyprus.
Extrajudicial debt collection, often called amicable debt collection, would be the try and recover the debt without having involving the court docket. it's the quickest and many successful way to make sure you obtain your hard earned money, so at Collection Company, we constantly get started with an extrajudicial process.
This letter includes a paragraph that in the event the debtor does not answer in the deadline then legal proceedings will likely be initiated by our staff of Cyprus attorneys.
attaining lawful guidance is suggested for equally creditors and debtors linked to Cypriot debt collection situations to navigate legal complexities. Speak to our lawyers for legal enable.
The letter sent to your Debtor is ready by our staff of attorneys in Cyprus who require the debtor to pay for in just (ordinarily) 10 times. The letter is both served to your debtor via a court docket officer or despatched by fax, post or electronic mail.
Our priority is that the debt is collected in quite possibly the most time efficient way and While using the minimum prices possible. We therefore look for to stop litigation where ever feasible. in several scenarios we will accumulate the debt within just weeks by merely sending a straightforward letter of declare.
this method contains sending a payment reminder on our behalf. generally, This really is enough to implement payment on the remarkable sum.
Submit your contact aspects and one among our debt collection experts will Make contact with you straight away!