A calendar year before, in February 2017, he had refused to step down despite a storm of phone calls for his resignation above issues at Limassol port.

corporations steer clear of unpaid debts because it is inconvenient and places their reputation at risk. It adversely has an effect on dollars movement, holds up crucial small business processes, and could weaken associations with creditors and workers.

Our firm incorporates a get more info established reputation of correctly recovering B2B debts in Cyprus. We've helped a lot of enterprises get back their remarkable resources, earnings despite the small business place.

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Efstathios C. Efstathiou LLC is a leading multi-disciplinary established having a very pleased popularity of getting Experienced, approachable and fashionable. The Firm is distinguished for its entrepreneurial and pragmatic tactic, Worldwide point of view and unparalleled legal exercise.

With our set up area existence and intensive network in Cyprus, Now we have built important contacts with essential stakeholders while in the debt collection industry. This permits us to proficiently navigate the nearby landscape, Identify debtors, and expedite the debt Restoration process

Our housing specialists aid persons and corporate entities in all regions of real estate, drawing from considerable encounter and familiarity with the industry.

com to tutorial you with the litigation approach. They can enable make sure your pursuits are correctly represented and increase your possibilities of An effective consequence.

if you want assistance in debt collection in Cyprus, we strongly advocate our companies. With many years of practical experience in civil law matters, our lawyers may also help local and foreign firms to Recuperate outstanding debts from their buyers and clientele. We will also be with the disposal of people that require other authorized solutions.

Lyudvig Davtyan regulation Place of work is definitely an Armenian based legal entity which has a mission to satisfy the Particular and sophisticated needs of clients. Our enthusiastic workforce and Skilled alliance offer wide selection of authorized products and services both of those in Armenia and overseas.

if the decide will make a ruling, the authorized costs from the profitable get together are typically awarded on the dropping occasion. These expenses might be gathered together with the initial debt, such as by seizure of belongings.

In Cyprus, a proper judgment will be the lawful recognition of the debt obligation by a courtroom. acquiring a court docket buy is crucial for debt Restoration, as it offers the authorized foundation for enforcing the claim in opposition to the debtor’s belongings. The process begins with submitting a Writ of Summons with the District Court, followed by serving the lawsuit to the debtor.

Anastasios specialises in company law issues, insurance policies law and debt collection. In addition he has broad information in e-funds and payment products and services laws.

regardless of whether they can perform with collection agencies, It's also prevalent to use the services of attorneys in Cyprus who can provide personalized guidance in accordance with the provisions of your Civil Code.