By Doing work closely with our consumers, we purpose to expedite the process and safe payment on the debt straight away or go after a judgement to recover payment.
We technique debt collection professionally and assist the clients in all phases with the debt Restoration technique. Our accomplishment level is extremely substantial as we have approximately this date initiated the procedure from more than 2000 debtors.
Do you need to know more details on our debt collection products and services in Cyprus? Call us for your totally free session.
planning is paramount inside the debt collection procedure in Cyprus. To ensure that you're on reliable ground, scrutinize contractual agreements for very clear, enforceable terms that have been properly communicated to the debtor. This includes:
Duly making use of to protected statements even ahead of initiation of court docket proceedings or in training course of court proceedings,
To enforce payment from the dues, the debtor should be judged by a certified Court. A cost have to be paid out for issuing the case to the court docket. The value of it really is regulated by the corporation Registrar according to the court docket regulations.
Accordingly, we kindly ask for that you settle the outstanding equilibrium through the designated payment deadline, [day ten days website from nowadays]. Failure to comply within just this period will compel us to contemplate all pertinent legal recourses to Get better the amount because of.
irrespective of the problem, it is very best to very first reach an arrangement While using the debtor ahead of getting any further more actions. That is why, There's two techniques by which debt recovery can occur in Cyprus.
investigate refund studies including wherever refunds had been despatched as well as dollar quantities refunded with this particular visualization.
That’s why we can request the court docket in Cyprus to impose an interim attachment. Therefore the debtor’s belongings might be put in custody by a bailiff till a courtroom choice is built. As extended since the belongings are under attachment, your debtor can not obtain them.
The prices of accumulating B2B debts in Cyprus could include things like legal charges, court docket costs, and bills connected with debt Restoration providers.
By applying these techniques, you are able to improve the chance of successful debt collection and safe the fiscal steadiness of your company.
no matter if you choose to consult us in either the extrajudicial or judicial debt collection levels in Cyprus or overseas, our Business is ready to assist you.
buyer safety: Cyprus regulation shields consumers in debt collection, guaranteeing truthful and transparent practices.