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commencing a debt collection in Cyprus is fast and straightforward. it is possible to add your assert by means of our on line transfer variety. All you have to do is enter some particulars on your organisation, your debtor’s corporation and appropriate documentation or invoices. you'll be able to then upload your situation via a safe network right here.
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We also understand that the Coronavirus may have designed a back again log of debts, a number of which can be real instances of inability to pay for, although some other conditions relate to strategic conduct with the Debtors not to pay their debts.
Whilst Cyprus firms do give considerable protection as to 1's anonymity it is vital for affected functions to realize that Cyprus regulation delivers security to creditors and another person simply cannot simply just "cover" powering a Cyprus corporation.
right after five months of sending reminders and reminders myself, I've chose to outsource my firm's unpaid invoice into the collection company! right after just one demand from them, my shopper last but not least paid out. A lesson for me more info to outsource unpaid invoices extra quickly to defaulters Sooner or later.
If pre-legal initiatives are unsuccessful, our skilled attorneys can initiate authorized proceedings in opposition to the debtor, like obtaining judgments and implementing court docket orders to Recuperate the debt.
“Bierens is really a really efficient and professional companion. don't just do they have an excellent debt collection treatment, they also give sound tips.”
If we don't acquire, Then you really fork out no price. if you choose to get legal motion against your debtor, then we move to an hourly or set payment. We would not have any concealed costs and can always seek the advice of you right before proceeding with any type of lawful motion.
Preparation is paramount in the debt collection procedure in Cyprus. To make sure you're on stable ground, scrutinize contractual agreements for very clear, enforceable conditions that were thoroughly communicated to your debtor. This features:
In such a situation we could make an application for a judgement for failure with the debtor to file an appearance. typically judgement is issued inside of two-three months from your day that the lawsuit is filed.
This depends upon Every single predicament and debtor. We often start off while in the amicable debt collection period. this method requires a comparatively short time due to the fact we offer your debtor with limited time to accomplish the payment. When starting your case, your scenario employee will present an estimate from the length of your respective circumstance.
as the debt collection professional or legal professional assigned towards your situation is aware of the regional society and business customs, we could deploy a custom made approach which is appropriate for preserving a robust enterprise relationship with your investing spouse. When transferring your case, you'll be able to usually come up with a Take note of this.
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