Cyprus Debt Collection Lawyers
Chambers & Co have been successfully recovering debts for clients since 1996, with a 90%+ success rate. We deal with both commercial and private debts.
Debt collection has to be done with a professional approach, to maintain the goodwill between your client and yourself. Even though litigation is only proposed to our clients as a last option, our firm has experienced lawyers in the field who can provide a very professional service from the amicable phase to legal procedures.
Commercial Debt Collection
More and more businesses are closing down today, because of cash flow problems. Late payment is one of the oldest tricks of the trade. Half of all invoices are not paid on time in Cyprus.
For any business, past due accounts and accounts that have been defaulted on can harm business interests and profits. It is important to maximise your recovery of all sizes of commercial debt. At Chambers & Co, our lawyers have more than 20 years of experience in legal matters that include debtor-creditor issues and commercial debt collections.
Given the stakes for our clients, we approach commercial debt collection with a dedicated, cost-effective approach. By working closely with the businesses we represent, we can work to expedite the process and secure a payment of the debt immediately or pursue a judgement to recover payment.