personal bankruptcy These intention at triggering the debtor to become bankrupt. This phase has sizeable adverse outcomes about the debtor including the prohibition to have checks or develop into director in organizations.
Only the top-accomplishing companies keep on being inside our network, providing you with access to excellent debt Restoration solutions despite exactly where your debtors are.
Insolvency Law: facts the individual bankruptcy proceedings and choices for winding up a corporation, providing pathways for creditors to Get well debts from insolvent entities.
Upload your situation in 1 moment and our domestic debt collection specialist in your debtor’s state will start off collecting your case right away.
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If you need aid in a debt collection in Cyprus, we invite you to contact our Cypriot law firm.
In the event the debtor documents a see to look in court docket, he ought to also file his defense into the assert. additional, based on the principles, the courtroom sets a day for just a courtroom Listening to at which the get-togethers existing their arguments and the court docket would make a last conclusion.
Does your organization have to cope with a debt collection situation in Cyprus because a click here Greek or Turkish shopper won't pay your invoice? Our debt collection professionals and Lawyers will probably be pleased that can assist you. We make sure that your excellent invoice is paid out rapidly.
It is not unheard of for these to also refer the debts to collection agencies or legal professionals in Cyprus, as they wish to recover their dollars at the earliest opportunity.
The creditors can't deliver a notification that looks like official paperwork, simply cannot give Fake facts concerning the debtor to other businesses or make use of a false organization title.
We have been dealing with Antonis Paschalides & Co LLC legislation firm for over forty decades now on a variety of projects (reviewing of contracts, corporate matters, employment legislation concerns, representation before the European courtroom of Justice within the Cyprus bail in situations just to name a handful of).
The court sends a summons to the debtor. This really is an official contact to appear before the court. Your debtor has the chance to file a protection in opposition to the assert within just 14 days. As a creditor, you then have seven days to reply.
When handling debt collection in Cyprus, you are able to depend on Bierens. although our professionals come across the solution you will need, it is possible to resume company as usual. We can help you with the following circumstances:
As a creditor, we nevertheless have a robust leverage tool at our disposal If the debtor genuinely refuses to pay for: a personal bankruptcy petition. In Cyprus it can be done to file for personal bankruptcy of your respective debtor if they do not pay.