At Debt Kontrol LLC, we provide a full array of debt collection in Cyprus products and services made to meet up with the various demands of our shoppers:
Enforcement Actions: put up-judgment, steps such as garnishee proceedings and home attachment are feasible for as many as 10 years.
beginning a debt collection in Cyprus is quick and straightforward. you'll be able to upload your claim by using our on the net transfer sort. All you have to do is enter some particulars on your own organisation, your debtor’s enterprise and suitable documentation or invoices. you are able to then add your case through a protected network right here.
those who owe money know which they have to be taken to court docket to drive them to pay and know That is pricey so most of the people will not trouble to go this considerably.
If we don't gather, Then you certainly pay out no rate. If you decide to consider lawful motion towards your debtor, then we move to an check here hourly or fastened charge. We do not have any hidden prices and will often consult with you just before continuing with almost any authorized action.
Insolvency proceedings in Cyprus offer a authorized framework for addressing cases exactly where organizations or persons are not able to meet their financial commitments. Reflecting the impact of each English typical legislation and EU directives, the procedure aims to possibly reorganize the debtor's money affairs or liquidate assets for creditor repayment. These proceedings might be initiated by both creditors for debts exceeding EUR fifteen,000 or the debtor, contingent upon demonstrating an incapacity to meet ongoing economical obligations.
the small print you present on this page will not be accustomed to send out any unsolicited e-mail, and won't be sold to some third party.
since the debt collection specialist or attorney assigned to the case is informed about the community society and business customs, we can deploy a custom-made method which is suited to maintaining a solid enterprise relationship using your trading companion. When transferring your circumstance, it is possible to often come up with a Be aware of this.
In Cyprus, buyer legal rights versus unfair debt collection practices are guarded beneath various restrictions, pivoting to a well balanced solution that respects the rights of both equally creditors and debtors.
inside the extremely unlikely event that we do not collect something, you won't really need to shell out us any costs. yow will discover an entire overview of our service fees on our service fees web page.
within the bustling financial landscape of Cyprus, where by retaining business relations is vital, amicable collection acts like a beacon of diplomacy inside the debt Restoration method.
A specialised lawyer can navigate the intricacies in the area legal program, making certain that creditors’ rights are sufficiently safeguarded and maximized via judicial indicates.
We cope with all out-of-courtroom scenarios with a contingency charge foundation, also for debt collection in Cyprus. We goal to recover the principal sum which include fascination and expenses from a debtor.
inside a partnership, creditors can go just after the private property of your associates to settle debts owed because of the business, as they have endless liability.