cyprus law firm - An Overview
cyprus law firm - An Overview
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If we use the European modest statements process, we are able to submit your declare into the court docket inside your state. The court docket will then ahead the assert to the Cypriot debtor. Your debtor can elevate objections, and each parties can post electronic evidence. The choose might even organize a videoconference hearing.
George Y. Yiangou LLC may possibly assist and act on behalf of our purchasers with discretion, professionalism and sensitivity on any debt collection issue in Cyprus.
propose numerous methods that help them fork out the amounts owing in numerous installments, more info and so steer clear of a greater fiscal burden.
As our shopper, you have got one particular focused English Talking contact. This Global debt collection expert coordinates the methods and maintains connection with the local specialists.
If a loading order over the immovable property on the debtor has been recorded Using the Land Registry, a sale of it might be ordered if it’s essential to address the debtor’s dues.
We operate together with our consumers and prudently evaluate the challenges as well as demands of every specific case aiming to build and talk a transparent technique for fast and productive collection in the debts.
Accordingly, we kindly ask for that you agree the remarkable equilibrium by the selected payment deadline, [day 10 times from right now]. Failure to comply inside of this era will compel us to think about all pertinent legal recourses to recover the amount thanks.
as being a creditor, we even now have a robust leverage tool at our disposal If the debtor genuinely refuses to pay for: a personal bankruptcy petition. In Cyprus it is achievable to file for personal bankruptcy within your debtor if they don't pay out.
A meeting was held on Tuesday early morning at the regulation Business, chaired by legal professional-normal George Savvides, to consider all conditions however remaining investigated and instructions were given into the legislation Office environment regarding how to tackle them.
That’s why we will request the court in Cyprus to impose an interim attachment. Consequently the debtor’s assets will be placed in custody by a bailiff till a court docket choice is built. As extended since the assets are underneath attachment, your debtor are unable to obtain them.
As previously mentioned, in case our debt collection process by tender interaction and negotiation fails, We'll carry on with sending a letter of need to your debtor. This remains Element of our from court docket tactic in bringing the method of debt collection in Cyprus to a close.
Besides its experience on the whole business and company law, Myrianthous also has a world network of legal professionals and litigants who will be experts in a number of disciplines of legal observe and who undertake regional and Worldwide litigation from the areas of Family regulation and Civil common legislation.
Our firm’s team of maritime and transport professionals aid shipowners, ship management firms, together with other shipping relevant firms in all associated legislative issues.
as a result, the skills of Specialist and skilled debt collectors is necessary to make certain that the well timed settlement of excellent arrears from equally men and women and companies is achieved without the ought to resort to litigation.
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