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According to Cypriot legislation, It is far from obligatory to hire an attorney to file a lawsuit in opposition to your debtor, neither is it needed to have an attorney represent you through the legal proceedings. For uncontested promises, You will find a summary judicial process out there, which happens to be a more rapidly and a lot more Charge-
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eventually, in situations in which the debtor is insolvent, insolvency proceedings can be initiated. this can be a authorized system wherever the debtor’s assets are liquidated and distributed between creditors. An unconditional court docket get within the judicial debt collection procedure, along with the debtor's solvency, empowers bailiffs to