5 Simple Techniques For cyprus law firm
5 Simple Techniques For cyprus law firm
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Only the best-executing businesses continue being inside our community, providing you with entry to exceptional debt Restoration products and services in spite of exactly where your debtors are.
They know exactly which procedures and legislation utilize, which court docket we might require to drop by, And exactly how we can effectively gather your assert.
no matter whether it considerations unpaid invoices or other statements in Cyprus, we know how to obtain your money. To do this, we use our thoroughly assembled network of Lawyers and bailiffs in Cyprus.
In this kind of scenario we could submit an application for a judgement for failure on the debtor to file an look. ordinarily judgement is issued in just 2-three months within the day that the lawsuit is submitted.
we must file your claim with one of many 5 district courts over the island (in Nicosia, Limassol, Larnaca, Paphos, or Famagusta). We make this happen by making ready a recognize of default and sending it on the court docket.
As you are able to see while in the desk, the assets legal rights index is 79 in Cyprus, which is considered pretty great in Europe.
if the choose would make get more info a ruling, the legal fees with the winning bash are usually awarded to the getting rid of social gathering. These expenditures may be collected together with the initial debt, for instance as a result of seizure of property.
have you been trying to recover debt in a particular city Within this place? remember to take a look at our town guides:
When dealing with debt collection in Cyprus, you are able to depend on Bierens. although our professionals obtain the answer you'll need, you are able to resume small business as typical. We will help you with the next cases:
Simplify your authorized framework with our 'No overcome, No fork out' standardized arrangement across all nearby partners. Ensuring usefulness for Intercontinental creditors, we provide a regular debt collection agreement across jurisdictions and local companions.
If the amount owed is not paid out, we send out a person closing reminder. Within this letter, we notify your debtor that They are going to be taken to court docket if payment just isn't received by the required date.
expenses and charges: Creditors can Get better debt quantity, €40 as Restoration prices, and authorized costs from thriving lawsuits.
Contested statements: Contested claims are inherently a lot more elaborate and can prolong more than a interval starting from 2 to 5 yrs. The specific duration may be affected by components such as the complexity of the situation, the necessity For added documentation or proof, and also the courtroom's present-day workload.
Efstathios C. Efstathiou LLC is a leading multi-disciplinary established having a very pleased standing of getting Skilled, approachable and present day. The Firm is distinguished for its entrepreneurial and pragmatic strategy, Global viewpoint and unparalleled lawful follow.
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