The Basic Principles Of cyprus law firm
The Basic Principles Of cyprus law firm
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running globally in the net fiscal services sector, we always need to facial area difficult lawful problems that should be handled Severe urgency. We have been Functioning carefully with Antonis Paschalides & Co LLC law firm considering that 2013 and can say that they always give thoughtful, comprehensive, and, most importantly, sensible lawful guidance about several different lawful matters.
Based on Cypriot regulation, it is not required to rent a lawyer to click here file a lawsuit in opposition to your debtor, neither is it required to have an attorney represent you over the authorized proceedings.
Procedure for Debt Collection in Cyprus In Cyprus, debt collection in relation to business transactions supplies the creditor with automatic entitlements. This is based on Directive 2011/seven/EU on combating late payment in commercial transactions which provides for the subsequent:
Although Cyprus is officially just one region, the nation is administratively divided in two. The northern part of the island has actually been occupied by Turkey due to the fact 1974.
if the creditor is handling loads of debtors, we use a expert software program made to keep an eye on the Cyprus debt collection method. In case the creditor so wishes, our expert program is usually connected Along with the database from the creditor so that the creditor is always knowledgeable about the process and at what phase (from the levels mentioned below) the debt amassing system is at.
Listening to After various other procedural methods, a day is set for a Listening to in which both equally events current their scenario by means of their witnesses.
The debt collection process in Cyprus commences by having an evaluation of the debtor’s solvency, his industry of activity, the history from the enterprise, The supply of documentary proof with the debt, current court docket cases and enforcement strategies, as well as the potential for challenging the debt.
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step by step, we raise the pressure by means of mobile phone calls, SMS or WhatsApp messages, and e-mail. We keep on this right up until the excellent Bill is paid. inside a period of three weeks, there will be a greatest of sixteen moments of Call.
From straightforward debt collection situations to elaborate lawful matters, from tiny companies to multinationals across diverse industries, our specialists have assisted about 24.
A debt collection agency can look after recovering your cash. Our intention is to be sure that our consumers receive what they are entitled to as rapidly as feasible.
Grasping debt collection in Cyprus can be complicated. With Debitura at your facet, blending local experience and international know-how, debt recovery will become seamless. This guidebook is your greatest tool, empowering you to tackle Cyprus debt collection situations proficiently.
It’s forbidden to get a collector to make use of abusive language, to make public a listing Along with the debtors (Though he can provide this info to other organizations) or to harass the debtor with various calls.
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