A calendar year previously, in February 2017, he experienced refused to move down Regardless of a storm of phone calls for his resignation around problems at Limassol port.

corporations stay clear of unpaid debts since it is inconvenient and places their name in danger. It adversely influences hard cash move, holds up crucial business enterprise processes, and could weaken interactions with creditors and staff members.

we've been generally committed to offering a high quality of client treatment and authorized services across all our apply parts.

step by step, we enhance the force by means of telephone calls, SMS or WhatsApp messages, and e-mails. We proceed this until finally the superb invoice is paid. within a period of three weeks, there'll become a utmost of 16 times of Get in touch with.

Obtaining a courtroom get in Cyprus is basically step one. What follows is enforcing it - a observe often called debt enforcement. This graph, supervised by customers' official bailiffs, empowers you to assert the debtor's assets, assuring full due fulfilment.

Our one of a kind method of debt collection makes sure that we provide precise information plus a customised tactic that meets the person demands of our clientele, while also minimizing fees and raising the amounts that they are ready to collect.

Despite the fact that Cyprus is formally just one region, the country is administratively divided in two. The northern Component of the island is occupied by Turkey because 1974.

Our World course assorted staff of industry experts include qualified insolvency practitioners, competent accountants, asset professionals and legal professionals with both equally local and Intercontinental experience that have mastered their fields and they are recognised for their qualities to work carefully and competently with our customers.

by means of these tactics, companies can not only enhance their debt administration processes and also keep good associations with their purchasers, in the end bringing about a much healthier economic situation.

illustration during demo process. In predicament wherever the debtor won't willingly return the debt, we can easily supply illustration through demo before Cyprus Courts.

The letter sent more info towards the Debtor is prepared by our crew of lawyers in Cyprus who call for the debtor to pay for within just (usually) ten days. The letter is both served for the debtor by way of a courtroom officer or despatched by fax, publish or e mail.

Recourse for Unfair Practices: Consumers can find lawful assistance or file grievances with applicable authorities if they believe a debt collector violates their legal rights.

Our firm’s workforce of maritime and transport professionals guide shipowners, ship management organizations, along with other shipping and delivery relevant businesses in all associated legislative issues.

How will you collect the exceptional debts? Which legislation applies? In Cyprus, the situation is even further intricate since a Section of the island is underneath the Charge of Turkey and a distinct legal system is de facto utilized.