From basic debt collection circumstances to elaborate authorized issues, from little enterprises to multinationals across different industries, our read more specialists have assisted in excess of 24.
SCORDIS, PAPAPETROU & Co LLC is often a dynamic and primary legislation firm in Cyprus whose roots date from 1922. Today it's more than 30 specialized legal professionals and is renowned for its robust Worldwide corporate and dispute resolution apply and skills.
considering the fact that we get the job done with attorneys in Cyprus, we are able to conduct all conversation with all your debtor in Cypriot language. This improves the chances of payment even more.
Cyprus is an element in the EU. for that reason, It's not at all normally required to acquire your declare from the Cypriot authorized process. There are Unique European treatments to Recuperate cross-border claims. These techniques have been proven to make it much easier to gather unpaid expenditures overseas (but in the EU).
In theory, we constantly get started the debt collection method Along with the extrajudicial period. at this time, we check out to avoid court docket intervention, as This may be high-priced. We are going to Get hold of your debtor to demand payment.
you are able to Keep to the correspondence along with your debtor in Cyprus via our Website portal 24/seven. In addition, your caseworker will usually Speak to you by cellular phone or in crafting to keep you educated around the development of the debt collection in Cyprus.
The letter despatched for the Debtor is ready by our crew of legal professionals in Cyprus who need the debtor to pay for within just (ordinarily) 10 days. The letter is either served towards the debtor through a court docket officer or sent by fax, post or e-mail.
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Debtors normally have a letter of declare coming from an attorney far more significantly than any letters from the creditors them selves. several debtors want to stop legal proceedings versus them and will be willing to settle outside of courtroom their monetary obligations.
Submit your contact information and one among our debt collection experts will Get hold of you promptly!
preparing is paramount inside the debt collection procedure in Cyprus. To be sure you're on sound ground, scrutinize contractual agreements for distinct, enforceable conditions that were adequately communicated to the debtor. This includes:
We are always devoted to offering a top quality of shopper treatment and legal company throughout all our observe parts.
Though litigation is seen as a last vacation resort, our firm contains a team of expert lawyers who are very well-versed in debt collection, within the amicable section to legal strategies.
an uncomplicated way to gather the debt is throughout the mediation, that is a flexible and confidential technique which allows the parties to discover their prevalent floor and get the job done towards resolving their dispute by settlement. like a type of other Dispute Resolution mediation has started to become increasingly well-known.