THE SINGLE BEST STRATEGY TO USE FOR DEBT COLLECTION CYPRUS

The Single Best Strategy To Use For debt collection cyprus

The Single Best Strategy To Use For debt collection cyprus

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With much more than 40 decades encounter in debt collection, Danos & Associates gives debt collection expert services to an increasing network of clientele from Cyprus and worldwide. Our group manages the debt collection system for community and foreign men and women, modest and large companies, banks and significant Global legislation firms.

Evgenios Erotokritou would be the CEO of E.R. staff world Consultants and an experienced attorney specialised in company law and business development. don't be reluctant to Call us for virtually any legal issue you might handle.

Our primary issue is to try to negotiate with just about every debtor in order to steer clear of court intervention. The treatment accompanied by our experienced collection crew, is to contact the debtors and persuade them to more info settle their remarkable amount of money due by sending official notifications, demand letters, e-mail and thru telephone phone calls.

Our Cyprus legal professionals are dedicated to excellence in all areas of assistance and our service criteria utilize in all circumstances.

Even if collection agencies can be employed, It is additionally doable to request legal help, especially when coping with vital amounts that need to be recovered.

ultimately, Should the negotiations usually are not prosperous, We are going to initiate the proceedings with an authorized court docket towards the debtor. 

Debt collection in Cyprus normally begins while in the extrajudicial section exactly where we mail your debtor customised need letters and make contact with them by cellular phone. In the event your debtor disputes the claim or fails to reply, then we could carry on by using lawful motion in consultation with you.

Our aim is to gather the additional interest and expenses from a debtor; nonetheless, this will depend on the nature of your respective situation. without any remedy No Pay debt collection in Cyprus, you can anticipate the next:

Finally, in instances in which the debtor is insolvent, insolvency proceedings is usually initiated. This is a lawful approach where the debtor’s assets are liquidated and distributed between creditors.

If the debtor will not be attentive to the letter We'll seek to negotiate with him around the cell phone. numerous debtors will choose to settle the debt at this early phase and negotiate a payment program.

we have been dedicated to resolving your debt collection in Cyprus as speedily as is possible. Once you have submitted your circumstance, We are going to do all the things we can to Get in touch with your debtor in Cyprus. We make sure to acquire your debtor approached by cellular phone and in writing in Greek or Turkish.

000 providers globally, which includes Cyprus. Find out how our Worldwide experts and attorneys have served other firms in the same predicament and uncover the answer for debt collection in Cyprus.

in some instances we think about it suitable to file an interim buy in opposition to the debtor’s immovable residence or freeze his accounts. During the Court proceedings there is often a possibility of settlement with no really need to Select a Listening to.

By working closely with our consumers, we purpose to expedite the procedure and protected payment of your debt straight away or go after a judgement to recover payment.

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