The Basic Principles Of cyprus law firm

Wiki Article

Bankruptcy These aim at leading to the debtor check here to be bankrupt. This action has appreciable adverse effects about the debtor including the prohibition to very own checks or come to be director in companies.

SCORDIS, PAPAPETROU & Co LLC can be a dynamic and primary regulation firm in Cyprus whose roots day from 1922. currently it's more than thirty specialised lawyers and is renowned for its robust Worldwide corporate and dispute resolution practice and experience.

But in certain conditions, the court might buy usually with regard to execution. The deadline for consideration of the attraction will not be founded by law. because of thing to consider with the charm, the courtroom makes a decision, which comes into pressure from the moment of its adoption.

Garnishee proceedings These proceedings goal at finding out irrespective of whether There's income in a bank account (or whether there are amounts mainly because of the debtor by third events) and requesting that those quantity are paid straight to the Creditor to extinguish the debt.

in the long run, it is your choice whether you need to carry on with legal action. If you are doing, our international debt collection specialist will go over along with you the legal possibilities offered and what the legal course of action will entail.

If you need aid in a debt collection in Cyprus, we invite you to definitely Make contact with our Cypriot law firm.

Filing a lawsuit in opposition to the debtor is the final action in our Cyprus debt collection process before initiating execution of your judgement with the amounts due.

Cyprus is a party to international treaties facilitating the recognition and enforcement of foreign judgments for cross-border debt collection. 

Submit invoice Did a customer in Cyprus not fork out the Bill? Did you lend money which you never received again? Or do you do have a destruction assert over the island? gathering superb debt in Cyprus discourages many creditors as it is difficult and time-consuming.

nonetheless, You can also find case where a circumstance can wind up inside a courtroom of law. In such a case, the services of the Cypriot legislation firm will become obligatory.

Our specialists and lawyers always do their utmost to ensure to collect your declare as speedy and proficiently as you can. We constantly make sure to Provide you with truthful and realistic suggestions that should produce you the very best outcomes.

ought to your debtor fall short to reply, then our professionals and legal professionals can provide you with the predicted final result or training course of action in just 4 weeks. If lawful proceedings are needed, the debt collection process can take more time. The period is determined by the lawful proceedings and on whether or not the debtor raises a defence.

When addressing debt collection in Cyprus, it is possible to depend on Bierens. although our authorities find the answer you'll need, it is possible to resume business enterprise as standard. We may help you with the following situations:

We aim to deliver worth for all our clients and welcome feedback on any facet of the support we offer.

Report this wiki page