From easy debt collection situations to intricate lawful issues, from small firms to multinationals across distinctive industries, our experts have assisted more than 24.
SCORDIS, PAPAPETROU & Co LLC is really a dynamic and foremost regulation firm in Cyprus whose roots day from 1922. right now it has in excess of thirty specialised attorneys and is renowned for its solid Global corporate and dispute resolution observe and abilities.
Insolvency regulation: particulars the personal bankruptcy proceedings and choices for winding up a company, giving pathways for creditors to Get better debts from insolvent entities.
Failure to reply to the tries of Make contact click here with through the creditor, Restoration company, or law firm will often produce the latter filing to get a court buy throughout the thanks volume is received.
The length of legal proceedings in Cyprus depends upon the complexity of your respective situation and if your debtor raises a defence.
The method for submitting an announcement of declare is completed by registering a declare in court, after which the defendant is obliged to offer a detect of visual appeal in just 10 times. If these discover is not provided, the creditor may perhaps check with the courtroom to issue a call in reference to the unregistered visual appearance in the debtor.
The letter despatched to the Debtor is ready by our group of legal professionals in Cyprus who involve the debtor to pay for in (usually) ten times. The letter is both served towards the debtor via a court docket officer or sent by fax, article or email.
The collection organizations and law firms in Cyprus could also assist the creditors during the trials against the debtors.
immediately after getting a remaining court docket selection, When the debtor refuses to voluntarily adjust to the court docket conclusion, a writ of execution should be attained and offered into the bailiff for execution.
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each time a Monthly bill or invoice remains unpaid, step one is to attempt collection as a result of extrajudicial or amicable implies. The extrajudicial phase entails all efforts to collect the debt with out involving the courts. In nine outside of 10 conditions, This can be ample to recover your money.
Specialising in debt collection we combine professionalism and intensive encounter in the legal system using a business and practical method of debt collection.
Our specialists and legal professionals always do their utmost to make sure to collect your assert as rapid and efficiently as possible. We generally Be sure to Provide you genuine and practical tips that can produce you the very best success.
Our nearby Lawyers will assist you in navigating the advanced bankruptcy procedure, making certain your declare is submitted the right way and instantly.