attachment proceedings together with proceedings for your invalidation of fraudulent dissipation of belongings

Andreas Danos legislation firm also signifies shoppers in proceedings to safe statements and in execution proceedings. Our attorneys choose all lawful actions in -execution proceedings such as but not restricted to aforementioned debt collection by means of competent execution offices.

this kind of steps could incorporate initiating lawful motion or assigning the debt collection to an exterior social gathering, being pursued without any even more notification, absolutely observing the lawful frameworks from the Republic of Cyprus.

Lyudvig Davtyan Law Business is surely an Armenian based mostly authorized entity that has a mission to satisfy the Particular and complex requires of purchasers. Our enthusiastic staff and Experienced alliance offer you big selection of legal expert services the two in Armenia and abroad.

by using a court docket judgment in hand, you may go after coercive actions like asset seizure and sale, known as debt enforcement.

Your prompt motion in resolving this problem is much appreciated, and we have been hopeful for an amicable resolution without the need of resorting to authorized proceedings.

In case the judgement was acquired from a non-EU country, you will have to endure the process of acquiring the judgement regarded in Cyprus.

If your debtor fails to reply within just the required timeframe, commonly ten times, the courtroom may perhaps concern a judgment in default. This judgment empowers creditors with numerous enforcement actions, for example garnishee proceedings, attachment of property, and personal bankruptcy proceedings, for as much as a decade.

it can be crucial to notice that the process of implementing a international judgement in Cyprus might be advanced and time-consuming, and it is usually recommended to hunt the advice of 1 of AGP legislation legal professionals with practical experience in cross-border debt collection making sure that you are pursuing the appropriate authorized strategies.

In Cyprus, bailiffs are elementary in making certain compliance with court orders linked to debt recovery. These court docket-appointed officers are vested Along with the authority to execute various debt enforcement actions including asset seizures as well as the implementation of payment arrangements.

The foreign judgement or award have to be for a certain sum of cash: The judgement or award has to be for a set sum of money.

We believe in open and transparent interaction with our clientele. through the B2B debt collection approach in Cyprus, we provide regular updates, specific reviews, and obvious documentation, maintaining you knowledgeable each individual move of the way in which. that you are often educated about the progress

Debt collection companies, like Debitura, Engage in a vital part in facilitating amicable debt Restoration in Cyprus. By leveraging their skills and methods, these organizations initiate the recovery course of action by adept identification of debts and debtor instances, pursuing up with strategic communication attempts.

Garnishment significantly arrives into Participate in Using the debtor's salary, wherever, upon courtroom authorization, a portion on the debtor's earnings is directed within the employer straight to here the creditor.