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Learn how We've got helped other clients check here with international collections including debt collection in Cyprus
Our key worry is usually to attempt to negotiate with each individual debtor so as to prevent court docket intervention. The technique followed by our experienced collection group, should be to Get in touch with the debtors and persuade them to settle their fantastic sum because of by sending official notifications, demand from customers letters, email messages and thru telephone calls.
this method requires intensive interaction Using the debtor as a way to apply frequent tension. The main endeavor is to determine connection with critical choice makers to realize speedy debt repayment.
as being a shopper, you talk to our focused English speaking debt collection expert. You would not have to talk to your debtor and the regional professionals your self. as a result of our on the web Cockpit you can continuously observe the progress in the debt recovery approach.
finally, In case the negotiations are usually not effective, We're going to initiate the proceedings with a certified court docket against the debtor.
For uncontested promises, there is a summary judicial procedure obtainable, which can be a faster and more Value-efficient possibility than a full trial. this method is useful for statements that are not disputed by the debtor, and might include a court buy for payment or the attachment of assets.
If payment is not built for the duration of these three months, we mail a closing reminder. In this information, we advise your debtor that legal actions are inevitable if they do not pay. We make it apparent that there will be substantial expenditures associated with this for them.
It's not necessarily uncommon for these to also refer the debts to collection businesses or attorneys in Cyprus, as they want to Recuperate their dollars right away.
nevertheless, Additionally, there are situation the place a condition can turn out inside a court docket of regulation. In cases like this, the services of the Cypriot legislation firm results in being necessary.
We are working with Antonis Paschalides & Co LLC law firm for more than forty years now on many various tasks (examining of contracts, corporate issues, work legislation challenges, illustration ahead of the eu courtroom of Justice around the Cyprus bail in situations just to name several).
in the extrajudicial phase, we do the job based on a contingency rate. Meaning our charge is instantly proportional to the amount we Get better. We also intention to recover the curiosity and collection charges from a debtor as much as is possible so as To maximise your income.
In situations in which the debtor has no belongings for seizure, consider submitting for bankruptcy. If your debtor is currently bankrupt, post your declare instantly for verification.
It often happens that a creditor doesn't have all of the evidence readily available. We know that totally. you may nonetheless post your declare to us. Subsequently, you are able to examine with our debt collection agent what evidence you are doing have to your claim.