At D. Hadjinestoros & Co LLC We've an extremely high accomplishment level in debt collection as we observe up regularly about the debtor working with all legal channels and signifies of interaction.
As a leading cross-border debt collection regulation firm, We have now usage of global small business databases and credit studies. in just these databases, we can easily watch your debtor’s credit history position, establish why the Bill was not paid out and refine our tactic accordingly.
Despite the fact that Cyprus is formally just one place, the country is administratively divided in two. The northern Component of the island continues to be occupied by Turkey due to the fact 1974.
We act with integrity and professionalism aiming to provide Outstanding top quality of products and more info services that exceeds clientele’ anticipations when, at the same time, making sure complete commitment to our clientele and respecting their confidentiality.
Other drivers for that quite low political threats will be the weak control of corruption, the weak political steadiness index, and the large shadow economy that's 32,two% of Cyprus's GDP.
The amicable route provides a lot of strengths for all events involved. Creditors circumvent the hefty charges connected to authorized proceedings and simultaneously preserve a must have enterprise associations, due to the system’s cordial character.
Debt Mediation: Acting as a mediator between creditors and debtors to take care of disputes and reach amicable answers.
For those who have any inquiries or require support with regards to debt collection within the Republic of Cyprus, our firm is ready to offer our skilled support to effectively take care of your financial problem. make sure you contact us to acquire more details and Experienced help from our specialists.
while in the highly not likely celebration that we do not gather just about anything, you won't need to pay out us any charges. yow will discover an entire overview of our expenses on our expenses website page.
It's not always attainable to depend upon the Cypriot authorized technique. This is the scenario Whenever your debtor is situated in Northern Cyprus.
buyer security: Debtors are entitled to legal rights like prompt payment, fascination for late payments, and Restoration Price compensation.
Debt Settlement: Facilitating debt settlements that fulfill both equally the creditor’s requirements plus the debtor’s ability to fork out.
"Debitura helped us with debt recovery Netherlands and presented Outstanding assistance. They have been economical, Specialist, and aided us acquire what we had been owed."
Bankruptcy proceedings in Cyprus are marked by complexity and probable lengthiness. However, with extensive preparation, adept lawful guidance, and strategic foresight, creditors can navigate this intricate course of action To maximise debt recovery, every one of the when adhering to your lawful and moral requirements stipulated by Cypriot insolvency law.