cyprus law firm - An Overview
cyprus law firm - An Overview
Blog Article
post your Call aspects and considered one of our debt collection professionals will Get hold of you right away!
the worldwide financial disaster couldn't but have extended to Cyprus and fiscal transactions taking place in Cyprus. Liquidity being a significant difficulty, it is these days paramount for enterprises to gather whatever they are owed for merchandise or services provided.
In addition our Law Firm is ready to bring an motion prior to any court docket in the event the situations call for it.
Debt collection in Cyprus doesn't have to be a sophisticated course of action. With Bierens by your facet, we will let you get over the language, cultural and authorized variances that occur when managing debt collection in Cyprus.
eventually, it truly is up to you no matter if you wish to proceed with lawful action. If you need to do, our Global debt collection specialist will examine with you the authorized solutions out there and what the legal system will entail.
it can be crucial to say, at this time, that throughout the Court proceedings, there is always a possibility of settlement, without the need to succeed in the final court docket phase, specifically the hearing of the situation.
For uncontested claims, There's a summary judicial approach obtainable, which is a a lot quicker plus much more Price tag-powerful selection than a complete trial. This process is useful for statements that aren't disputed by the debtor, and may involve a court purchase for payment or even click here the attachment of assets.
Because the debt collection expert or lawyer assigned for your case is accustomed to the community society and company customs, we can deploy a customised strategy that is well suited for keeping a robust enterprise relationship together with your buying and selling husband or wife. When transferring your scenario, you'll be able to constantly generate a Take note of this.
ultimately, in instances in which the debtor is insolvent, insolvency proceedings could be initiated. this is the authorized procedure exactly where the debtor’s assets are liquidated and distributed among creditors.
Interim measures in Cyprus A authorized situation usually takes months to resolve. certainly, we don’t want your debtor to make use of that point to hide their property, leaving almost nothing to gather as soon as the court tends to make a ruling.
The Civil course of action procedures present for the potential of utilizing the eu Payment get process, which happens to be relevant to conditions of undisputed financial claims in between functions from European Union nations around the world (excluding Denmark). to acquire a ecu payment purchase, you must complete a typical application type and post it into the court. The court accepts the payment buy in shut session and sends it to the debtor, and then the debtor has 30 days to file its objections While using the court.
following the closing court docket judgment is shipped and If your debtor keeps refusing and/or failing and/or denying to adjust to his money obligations and also the Court judgment against him, we can easily move forward accordingly and use the following techniques in order to execute the courtroom judgment in opposition to him:
In specific situations, we can even have interaction inside of a deal with-to-facial area dialogue using your debtor in Cyprus. In the event the debtor isn't going to pay within a set time period, we can easily begin authorized proceedings on the instruction. saying legal proceedings normally convinces your buyer in Cyprus to pay for.
Furthermore, quite a few collection companies only tackle extrajudicial collection. In the event the amicable phase fails, you'll have to find a lawyer in Cyprus on your own to initiate authorized proceedings.
Report this page