We are aware that clients who had previously purchased a property in Cyprus through the Cypriot developer Alpha Panareti are now receiving notice that they (the clients) will be served imminently with a legal Action from Alpha Panareti against them from the Cyprus Court(s).
The exact nature of the litigation, the claims being made by Alpha Panareti, and the number of clients affected are at this stage still unclear. What is clear however is any client receiving a Writ of Summons from Alpha Panareti which originates out of the Registry of a Cypriot Court must take the appropriate steps to defend themselves against the Claim in the Cyprus Court(s).
Failure to respond to the service of a Writ of Summons brings with it very real risks to clients and their assets in the UK. For more information on this follow the link below;
Mortgage Problems in Cyprus - Judicare (judicaregroup.com)
With decades of combined experience in handling legal Action(s) for hundreds of clients who have faced similar issues in Cyprus from their Bank(s) in Cyprus, we are well placed to be able to represent any clients who are eventually served.
If you wish to discuss this matter and get more information about our fixed fee approach or have concerns about your present legal representation in Cyprus and wish for a second opinion a member of our team will be happy to take your call on a confidential basis at 01438 840258 or via email to admin@judicaregroup.com or even arrange a teleconference Zoom/Skype conference to discuss the matter.
Getting in touch will allow us to understand your individual circumstances and discuss with you your concerns and objectives. Working with you we can then decide upon the correct strategy to approach and find the solution which is right for you.