Debtors commonly take a letter of assert coming from a lawyer more severely than any letters through the creditors on their own. a lot of debtors want to prevent legal proceedings versus them and can be ready to settle out of court docket their money obligations. For uncontested claims, You will find a summary judicial system readily available, an
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When instructing the debt collector in Cyprus just supply copies of invoices/statements, debtor Speak to information and any related info you might have to assist While using the recovery approach. Penalties adhere to Cyprus's Late Payment Directive, where creditors can charge statutory curiosity and a set compensation sum of €40 for debt coll