We work specifically for shoppers, but we also assistance intermediaries such as law firms or accounting firms.

when you disable this cookie, we will not be able to conserve your preferences. Because of this whenever you visit this Web-site you have got to empower or disable cookies once more.

commencing a debt collection in Cyprus is speedy and straightforward. you may add your declare by way of our on the net transfer type. All you will need to do is enter some facts on your own organisation, your debtor’s company and appropriate documentation or invoices. you'll be able to then add your circumstance by way of a safe community here.

Garnishee proceedings These proceedings aim at acquiring out regardless of whether You can find cash in a very checking account (or regardless of whether there are amounts a result of the debtor by third parties) and requesting that Individuals quantity are compensated straight to the Creditor to extinguish the debt.

An unconditional court docket purchase from the judicial debt collection process, together with the debtor's solvency, empowers bailiffs to enforce your claim through asset seizure/income attachment. Insolvency proceedings continue being the last resort for debt recovery in Cyprus once the debtor is insolvent.

an organization in the debt recovery situation will have to search for a quick and effective resolution in advance of it adversely influences organization processes.

Filing a lawsuit versus the debtor is the ultimate step inside our Cyprus debt collection process before initiating execution with the judgement for the amounts thanks.

This process features sending a payment reminder on our behalf. usually, That is sufficient to implement payment on the fantastic sum.

‍This stage is essential for formalizing the debt and enabling even more enforcement actions. Our community of community Lawyers will characterize your situation in court, offering abilities and familiarity with local rules.

We method debt collection skillfully and help the purchasers in all phases in the debt recovery treatment. Our success amount is very substantial as We've got nearly this day initiated the method from greater than 2000 debtors.

in the event that the debtor is a company our Cyprus debt collection method includes operating a search Using the database on the Registrar of corporations as a way to Track down the registered Workplace deal with of the corporate, the names and private addresses of the administrators in order for us in order to set up Speak to.

acquiring fatigued all probable out-of-court docket legal solutions and subsequent the Recommendations of the customer, We'll then continue to situation court docket proceedings versus the debtor. with regards to the instances of each circumstance, it might be probable and appropriate to file an interim purchase towards the debtor’s immovable residence or, even, freeze his lender accounts up till the quantity owed to the creditor.

In situations wherever the debtor has no assets for seizure, think about submitting for individual bankruptcy. In the event the debtor is now bankrupt, post your assert immediately more info for verification.

we've been devoted to resolving your debt collection in Cyprus as quickly as feasible. when you have submitted your circumstance, We're going to do every little thing we can to Call your debtor in Cyprus.