With in excess of 40 several years knowledge in debt collection, Danos & Associates gives debt collection expert services to an expanding community of shoppers from Cyprus and around the globe. Our group manages the debt collection system for neighborhood and foreign persons, compact and enormous organizations, banks and big Intercontinental legislation firms.

Enforcement can be utilized for as many as a decade following a judgement has become issued. The court docket enforcement procedures which our staff of Cyprus legal professionals will perform on behalf in the creditor are:

technique for Debt Collection in Cyprus In Cyprus, debt collection in relation to commercial transactions presents the creditor with automatic entitlements. This is based on Directive 2011/seven/EU on combating late payment in industrial transactions which gives for the next:

We take care of all away from courtroom scenarios with a No treatment No pay back basis, also for debt collection in Cyprus. The starting rate is €185,- for administrative expenditures. We purpose to Get well the principal sum which include desire and charges from your debtor.

They generally give sound realistic and cost effective suggestions inside of a helpful method. We hugely recommend the firm for almost any legal assignment.

Debt collection in Cyprus does not have being an advanced course of action. With Bierens by your side, we can assist you prevail over the language, cultural and lawful differences that crop up when handling debt collection in Cyprus. As specialists in Worldwide debt collection, our specialists can inform you everything you should know when managing cross border collections and overseas debtors to efficiently Get well your payments.

A lawsuit will likely be organized by our group of legal professionals in Cyprus who will then ask for the shopper to evaluation it. The assertion of Claim will consist of all amounts thanks plus the fees paid out via the shopper with the debt collection procedure

Cyprus is a celebration to Intercontinental treaties facilitating the recognition and enforcement of overseas judgments for cross-border debt collection. 

“Bierens is often a really powerful and Qualified partner. don't just have they got a very good debt collection course here of action, In addition they give stable suggestions.”

If we do not accumulate, Then you really pay no fee. if you choose to just take authorized motion in opposition to your debtor, then we go to an hourly or fixed price. We do not need any concealed expenses and may constantly seek the advice of you right before continuing with almost any authorized motion.

The Civil Procedure guidelines supply for the potential for making use of the ecu Payment Order procedure, which happens to be applicable to situations of undisputed financial promises among events from European Union nations around the world (excluding Denmark). to acquire a eu payment get, you must fill out an ordinary application sort and post it towards the courtroom. The courtroom accepts the payment purchase in shut session and sends it for the debtor, and then the debtor has thirty times to file its objections with the court docket.

Specialising in debt collection we combine professionalism and considerable expertise on the lawful approach which has a business and simple approach to debt collection.

The courtroom expenses depend upon the worth of your claim and the state through which litigation takes place. in some instances, the quantity is fixed, nonetheless, Additionally, it is determined by litigation technique. Additionally, our own legal costs are integrated also.

It generally transpires that a creditor does not have all of the evidence available. We recognize that wholly. you are able to continue to submit your assert to us. Subsequently, it is possible to talk about with our debt collection agent what proof you are doing have for your personal claim.