Greek-speaking collectors and Cypriot advocates recover unpaid B2B invoices from companies in Cyprus. Court claims now run under Civil Procedure Rules modelled on the English system, with strong enforcement against bank accounts and property. No cure, no fee.
Ενεργούμε για λογαριασμό του πελάτη μας.
Επί του ληξιπρόθεσμου ποσού οφείλονται τόκοι υπερημερίας και έξοδα είσπραξης 40 ευρώ.
Σας καλούμε να εξοφλήσετε εντός 14 ημερών. Διαφορετικά θα κινηθούμε δικαστικά χωρίς άλλη ειδοποίηση.
The first demand your debtor receives: in its own language, under its own law, from a collector in Cyprus.
You approve every escalation. Nothing is filed without your written consent.
A collector in Cyprus serves a formal extrajudicial demand (εξώδικη επιστολή). Late interest runs at the ECB reference rate plus 8 percentage points between businesses, plus a €40 fixed recovery cost per invoice.
Direct contact with management. Against a company, an unpaid demand can open the way to a winding-up petition under the Companies Law, which often produces payment.
If needed, a Cypriot advocate files the claim in the District Court. Since September 2023 civil claims run under new Civil Procedure Rules modelled on the English rules.
A debtor who does not defend faces default judgment. A defense with no real prospect can be met with an application for summary judgment.
Judgments are enforced through writs of execution, garnishee orders on bank accounts and receivables, and charging orders registered against property. Recovered funds reach you within 48 hours of receipt.
No registration fee, no retainer. The success fee is agreed in writing before work starts and is due only on money actually recovered.
Court, notary, bailiff or counsel costs in Cyprus are quoted in writing and incurred only with your approval.
Recovered amounts are remitted to your account within 48 hours of receipt, with a settlement statement. Every step is visible in Haka AI.
A collector in Cyprus contacts the debtor in Greek with a formal extrajudicial demand. If that fails, a Cypriot advocate files a claim in the District Court under the Civil Procedure Rules in force since September 2023. Judgments are enforced through garnishee orders, writs of execution and charges on property.
Court procedure in Cyprus follows the common law tradition, and the Civil Procedure Rules introduced in 2023 are modelled on the English rules. Proceedings are conducted in Greek, so local counsel is essential.
Between businesses, Cyprus applies the EU Late Payment Directive: late interest at the ECB reference rate plus 8 percentage points, and a €40 fixed recovery cost per invoice.
Yes. As an EU member state, Cyprus applies the European Payment Order and the European Small Claims Procedure for cross-border claims. We choose the fastest route for each case.
No cure, no fee. The success fee is agreed in writing before work begins and is due only on amounts recovered. Court and advocate costs, where a case needs them, are quoted and approved separately.
General information for B2B creditors, not legal advice. Every case is reviewed by local counsel before court action.
Cyprus combines an EU legal framework with a common law court tradition. Many debtors are trading or holding companies with international owners, so the first step is to establish who controls the company and where its assets are.
Since September 2023, civil proceedings in Cyprus follow new Civil Procedure Rules modelled on the English system. They emphasize case management and give creditors tools such as default and summary judgment against debtors without a genuine defense.
Under the Companies Law, a company that fails to pay a qualifying debt after a formal demand can be treated as unable to pay its debts, opening the way to a winding-up petition. Used carefully, this is one of the strongest levers against a solvent debtor that simply refuses to pay.
Judgments are enforced through writs of execution against movable property, garnishee orders that capture bank balances and receivables, and charging orders registered against real property. Proceedings run in Greek, which is why a local advocate handles every step.
Your debtor is in Cyprus. So is your collector.
Placement takes minutes. You receive a written assessment within 24 hours.
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