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& Debt Collection
Having an in-depth knowledge and long practice as a legal firm, we assist clients re-collect debts by providing executive services. In case that companies, legal entities, institutions or even individuals owe you money, whether in Cyprus or abroad, we can assist you in recovering any debt by contacting the Debtor on your behalf.
We believe that dialogue and negotiation is the key for a quick and in-expensive solution, therefore we insist on resolving financial disputes in an amicable way, making sure though that our clients’ interests are always reserved. We strongly believe that any debt can be settled when both parties reveal their part of the story, their personal circumstances, and the reasons that lead to the accrual of the debt, so that they both feel that justice is served.
Legal action notices
However, in case that negotiations fail and there is no alternative, we proceed with a more ‘heavy-handed’ approach and send a notice informing the respondents that in case they fail to respond to the applicant’s request, further legal action shall be taken against them.
Legal action and enforcement
In case that the debtor is financially credible, a Civil action can be filed to Court. Then, an interim order shall be deposited freezing the debtor’s movable and/or immovable property. Our firm provides at all stages the requires legal and administrative support to facilitate the successful resolution of the dispute.