With in excess of forty years expertise in debt collection, Danos & Associates delivers debt collection expert services to an expanding network of clients from Cyprus and world wide. Our group manages the debt collection system for neighborhood and overseas folks, small and enormous businesses, banking institutions and important international law firms.

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We're going to often Get hold of your debtor by sending an Original desire letter plus a cellular phone contact. by doing this we keep away from any type of miscommunication. Our tactic is often firm and respectful, so you will always be knowledgeable with the standing of the situation.

in advance of initiating legal action, you ought to listen for the statute of constraints. The statute of limitations regulation sets six yrs for bringing claims through the day the debt arose. It should be borne in mind which the court has the correct to increase this period to two decades if it considers it fair supplied the situations of the situation.

A court docket judgment in Cyprus immediately has an check here enforceable status. when the courtroom has designed a ruling, we could quickly execute the judgment.

Eventually, if the negotiations will not be profitable, We are going to initiate the proceedings with a certified court from the debtor. 

in the event that the debtor is usually a organic particular person we would require the customer to supply us with any details that they have got to the whereabouts on the debtor as a way to aid us with the debt collection procedure. In Cyprus, attorneys can gather all information and facts referring to debtors and the place to begin could be the client.

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immediately after obtaining a ultimate courtroom selection, In case the debtor refuses to voluntarily comply with the court docket choice, a writ of execution need to be received and introduced on the bailiff for execution.

The length of lawful proceedings in Cyprus is dependent upon the complexity of the situation and ON irrespective of whether your debtor raises a defence.

Alternative dispute resolution mechanisms, including mediation and arbitration, are also obtainable in Cyprus. These can be a a lot quicker and less formal way to solve disputes and recover unpaid debts.

They often give a condition with the art and 100% responsible authorized company inside a swift and friendly manner. When needing attorneys in Cyprus, we might hugely suggest Antonis Paschalides & Co LLC regulation firm for virtually any lawful assignment.

This depends on Every circumstance and debtor. We generally start off from the amicable debt collection phase. This process requires a relatively small time due to the fact we provide your debtor with limited time to accomplish the payment. When starting your situation, your situation worker will offer an estimate of the period of your respective circumstance.

‍Our area attorneys will aid you in navigating the complicated personal bankruptcy system, making certain your declare is filed properly and promptly.