Debt Collection Attorney in Strovolos – C. MAVROCOSTAS & Co. LLC
C. MAVROCOSTAS & Co. LLC is a premier law firm in Strovolos offering effective Debt Collection services in Cyprus, established in 2018 and renowned for its membership in the Cyprus Bar Association and the World Law Alliance, ensuring international standards in debt recovery.
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Company description
About C. Mavrocostas & Co. LLC – Legal Debt Collection in Cyprus
C. Mavrocostas & Co. LLC is a distinguished debt collection attorney in Strovolos, offering specialized legal services since its establishment in 2018. The firm is well-regarded for its adherence to international standards through memberships in the Cyprus Bar Association and the World Law Alliance.
Proven Results
With a focus on delivering effective and efficient legal solutions, C. Mavrocostas & Co. LLC has successfully handled various commercial disputes and debt recovery cases. The firm has earned trust through its strategic litigation approach and execution of judgments, ensuring comprehensive asset recovery. Its membership in the World Law Alliance further enhances its capability to manage cross-border legal issues, granting clients access to a global network of legal professionals.
Our Process
C. Mavrocostas & Co. LLC employs a structured approach to legal debt recovery, ensuring tailored solutions for each client. The process is outlined as follows:
- Initial consultation to analyze claims and assess debtor profiles.
- Verification of debtor identity and recoverability assessment.
- Attempt amicable recovery through direct negotiations and demand letters.
- Initiate legal proceedings or apply for freezing orders if necessary.
- Pursue enforcement options such as asset seizures or insolvency proceedings post-judgment.
Meet the Team
Founded by Costas Mavrocostas, an experienced commercial lawyer in Cyprus, the firm offers expertise across various legal domains. Team members, including the founder, provide partner-level attention, ensuring that each case benefits from their combined experience. Their compact team of four allows them to offer personalized services while maintaining high professional standards.
Services & Industries
The firm’s comprehensive range of services includes pre-legal debt collection, litigation, and insolvency proceedings. Focused primarily on commercial law, C. Mavrocostas & Co. LLC serves diverse sectors, leveraging its capacity for legal debt recovery to assist businesses efficiently. Clients can explore our Cyprus debt-collection guide for more insights into regional practices.
PRICING MODEL
C. Mavrocostas & Co. LLC employs a transparent, two-tier pricing model that delineates pre-legal collections from litigation proceedings. For pre-legal services, clients may select between a fixed hourly tariff of USD 200 or a negotiated success fee based on contingency. The hourly rate encompasses debtor identification, demand letters, and settlement discussions, exclusive of Cyprus VAT at 19% and out-of-pocket expenses like courier charges. Opting for a success fee allows a no-win-no-fee scenario, with the percentage determined by claim specifics and invoiced post-recovery.
When litigation is necessary, the fee structure adheres to the Cyprus Civil Procedure Rules; attorney fees are a sliding scale percentage of the claim. Additional legal expenses such as filing or enforcement costs require prepayment. To ensure transparency, each case begins with an engagement letter detailing the fee arrangement, anticipated costs, and billing schedule. Monthly invoices for hourly work have 14-day payment terms, with any extra tasks needing prior client approval. Request a detailed quote.
Process
Debitura provides tailored debt recovery solutions in global markets. Debitura is a tech-powered debt-collection platform that routes every claim to vetted local experts for immediate, country-specific action. Covering 183 countries, it offers expansive reach and expertise. In Cyprus, clients benefit from a no-cure-no-pay service model, ensuring costs only apply when debts are successfully recovered. Creditors exploring the debt collection agency Cyprus service can access insights on statutory interest rates and recovery timelines. The Cyprus debt-collection guide provides essential information for effective debt recovery. Explore the Europe debt-collection network to further understand Debitura's regional capabilities.
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Top-Rated Debt Collection Agency in Cyprus
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