The global economic crisis has also been extended to Cyprus and to the financial transactions taking place in Cyprus. Nowadays, liquidity is a major problem for all types of business, which their main concern is how to collect the debt owed to them.
Do you have clients that are not paying their invoices in a timely manner or refuse to pay at all?
Don’t waste your own time and resources trying to recover the debt owed to you.
Our Debt Collection Department offers debt collection services to clients in Cyprus and around the world. We combine professionalism and extensive experience within the legal process with a commercial and practical approach to debt collection. Our aim and priority is to offer honest and realistic advice to collect any debt owed to you or to your company, in the fastest and most amicable way.
We seek to avoid unnecessary litigation proceedings, thus we firstly contact debtors by formal letters of demand, which debtors take very seriously. In every case, we strive to achieve the most optimum results in the swiftest means possible.
Our lawyers’ help you navigate throughout the debt collection regulations in Cyprus and may accordingly perform negotiations on your behalf, locate debtor’s assets and initiate and/or enforce any legal action.
If you require assistance for a debt collection in Cyprus or abroad, we invite you to contact our Law firm.
The content of this article is intended to provide a general guide to the subject matter and does not constitute legal advice.