Top Guidelines Of cyprus law firm
Top Guidelines Of cyprus law firm
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From easy debt collection cases to intricate authorized issues, from tiny companies to multinationals throughout unique industries, our specialists have assisted in excess of 24.
Payment promises in Cyprus Possess a limitation time period that differs as compared to other nations. you will find, nevertheless, many ways to interrupt this limitation period. For more details, it is best to contact our specialists.
During this information, we dig deeper into Each individual phase in the debt collection approach in Cyprus. We have now thorough options to offer, from finding amicable alternatives to initiating personal bankruptcy proceedings. have faith in us to generally be by your aspect by everything.
When to Escalate: changeover to judicial proceedings ought to be viewed as when amicable initiatives fall short or statutory restrictions tactic.
We also understand that the Coronavirus might have developed a back log of debts, a number of which might be genuine situations of incapability to pay, whilst Another situations relate to strategic conduct from the Debtors not to pay for their debts.
Cypriot debt collections is often effectuated not just Within the nation, but abroad, as well. for that reason, even though a debt was manufactured in Cyprus, Should the debtor moved out in the nation at a later date, a courtroom motion can be submitted then the debt repayment might be enforced within the debtor’s state of home.
over the judicial period, we do involve the Court to be able to make your Cyprus debtor pay out. for the reason that we are a law firm, we will guide you in the course of both phases. In Cyprus, 95% in the circumstances that we more info remedy, is usually collected with no courtroom intervention.
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Antonis Paschalides & Co LLC law firm has been our exterior counsels for our business action in Cyprus for the final five yrs. We check with them on numerous jobs (corporate matters, Competitors legislation, employment regulation difficulties, marketing and advertising legislation, intellectual home legislation and so forth).
fulfillment from the creditor’s requires in the entire process of compelled execution is completed through the seizure of cash as well as their create-off, seizure of house with subsequent sale.
just in case the debtor is a firm our Cyprus debt collection course of action consists of functioning a search Along with the databases of your Registrar of Companies as a way to Identify the registered Workplace tackle of the company, the names and private addresses of the Directors to ensure that us to have the ability to set up Make contact with.
really should the negotiations fail and there's no other option We are going to move ahead with issuing court docket proceedings. That is provided that we sense that there's a Excellent potential for success in courtroom and accomplishment in collecting the debt.
When managing debt collection in Cyprus, you are able to rely on Bierens. whilst our industry experts obtain the solution you'll need, you are able to resume small business as common. We may help you with the next cases:
Anastasios specialises in company legislation matters, insurance plan legislation and debt collection. Also he has broad information in e-revenue and payment expert services legislation.
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