Top Guidelines Of cyprus law firm

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working globally in the net economic products and services sector, we always should encounter intricate legal troubles that have to be addressed Extraordinary urgency. We are working closely with Antonis Paschalides & Co LLC legislation firm since 2013 and may say which they usually give thoughtful, complete, and, most importantly, practical authorized information relating to several different lawful matters.

In accordance with Cypriot law, it is not obligatory to rent an attorney to file a lawsuit against your debtor, nor is it important to have an attorney symbolize you during the authorized proceedings.

Formal Notice: Issue a proper see letter, outlining the debt and the consequences of non-payment.Our neighborhood vetted collectors take care of this section, making sure cultural and lawful appropriateness. get pleasure from our "No overcome, No fork out" pricing design, meaning you only pay back Should the debt is successfully recovered.

We tackle all outside of court docket circumstances on a No treatment No pay out foundation, also for debt collection in Cyprus. The setting up cost is €185,- for administrative costs. We intention to Get better the principal volume including curiosity and expenditures from the debtor.

This info does not represent lawful advice. to get a free, confidential session which has a specialist Within this place it is possible to Make contact with us to rearrange an appointment by mobile phone or email.

Eventually, In the event the negotiations are certainly not successful, we will initiate the proceedings with an authorized court docket against the debtor. 

Simplify your legal framework with our 'No treatment, No shell out' standardized settlement throughout all neighborhood associates. making sure benefit for Intercontinental creditors, we provide a standard debt collection settlement across jurisdictions and native companions.

this method features sending a payment reminder on our behalf. most often, This really is adequate to implement payment on the superb sum.

throughout the framework of this method, it is possible to judicially cancel fraudulent/fictitious transactions of the debtor aimed at withdrawing their property as a way to stay clear of debt repayment in the forced sale of this kind of assets.

The first step is usually to send out a letter to the debtor inquiring that he pays the debt in just a specific timeframe (usually ten days).

We are already working with Antonis Paschalides & Co LLC regulation firm for more than forty yrs now on many various tasks (examining of contracts, company issues, employment regulation concerns, illustration prior to the ecu court docket of Justice over the Cyprus bail in circumstances just to name several).

In line with Cypriot bankruptcy legislation, your debtor is considered bankrupt if they do not repay their debts within just an inexpensive timeframe. In Cyprus, it can be done to file for bankruptcy within your debtor Should the claim exceeds 854 check here euros.

The court docket charges rely upon the worth on the assert as well as the country wherein litigation takes place. sometimes, the quantity is preset, however, it also relies on litigation course of action. Furthermore, our individual authorized fees are provided also.

Debt collection can be quite a tough and time-consuming method for people and companies alike. At Chambers & Co, our experienced lawyers specialise in all elements of debt collection in Cyprus, guaranteeing the prompt Restoration of superb debts while protecting professionalism and integrity.

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