Debt Collection Litigation and Judgment Collection
We strongly prefer to resolve debt collection matters without going to court, and we do this on the majority of our successful claims. However, we do not hesitate to go to court when that is the only viable or acceptable alternative. As a result, we are filing lawsuits on a regular basis.
We have developed a network of debt collection attorneys in all the areas we cover who will work for us on a contingency basis. In most cases, the lawsuit needs to be filed where the debtor is located which necessitates having this network. Having debt collection attorneys who will work on a contingency basis gives our clients a huge advantage when litigation is required. It allows us to keep the costs low for our clients while debtors will have to pay their attorneys on an hourly basis. This typically puts significant pressure on the debtor to resolve the matter or alternatively, allow us to get a default judgment and then proceed to the judgment collection phase.
We never litigate without the client’s written instructions to proceed to court. We get you a firm and fixed quote based on the specifics of your particular claim.
We believe that the primary factor to evaluate when considering going to court is Return on Investment. We carefully evaluate the potential costs and the likelihood of actually collecting to help our clients understand the potential return on investment for debt collection litigation and we compare this to the other alternatives available.
We manage the litigation process and the debt collection attorneys for our clients and provide recommendations at each step along the way.
Judgment Collection
Being successful the lawsuit (which we do 99.9% of the time) is just the first step. Once we have a judgment, we have to collect.
We manage the debt collection attorneys and the judgment collection process for our clients. We use our experience to make sure that the proper steps are being taken within the appropriate time frames. We evaluate all alternatives for our clients and give recommendations on how to proceed. Our in house attorneys work closely with our network of collection attorneys as required by each individual case.
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Tel: +357 22 46 55 00
Fax: +357 22 33 85 00
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- 12, Demostheni Severi Av.
Office 601, 6th Floor 1080 Nicosia, Cyprus - 4 Valaoritou Street,
1st Floor, Kolonaki, 10671, Athens, Greece