Demetrios A. Demetriades LLC is a prominent debt collection agency based in Cyprus. With a reputation for professionalism and efficiency, this firm specialises in various aspects of debt recovery and legal services. Their primary focus is on helping creditors recover outstanding debts while navigating the complex landscape of international collections.
Established as a legal practice, Demetrios A. Demetriades LLC has expanded its services to include debt collection, enforcement action, and litigation. Their expertise in international collections makes them a go-to choice for creditors dealing with cross-border debt recovery challenges.
If you've received communication from Demetrios A. Demetriades LLC, it's likely because a creditor has enlisted their services to recover a debt they believe you owe. This could be related to various types of financial obligations, such as unpaid credit card balances, personal loans, or outstanding bills from service providers.
It's important to note that Demetrios A. Demetriades LLC may reach out to you on behalf of creditors from different countries, given their specialisation in international collections. This means the debt in question could originate from a transaction or agreement made outside your home country.
Receiving a letter from a debt collection agency can be unsettling, but it's crucial to remain calm and take appropriate action. Here are some steps to consider:
1. Don't ignore the letter: Ignoring correspondence from Demetrios A. Demetriades LLC won't make the issue disappear and could potentially lead to more serious consequences.
2. Verify the debt: Ensure that the debt they're claiming is actually yours and that the amount is correct. Request a detailed breakdown of the debt if it's not provided in the initial letter.
3. Check the statute of limitations: Depending on your location and the type of debt, there may be a time limit for legal action to recover the debt.
4. Respond in writing: If you dispute the debt or need more information, send a written request to Demetrios A. Demetriades LLC. You can email them at dadlaw@dadlaw.com.cy or use their postal address.
5. Keep records: Maintain copies of all correspondence and make notes of any phone conversations, including dates, times, and the name of the person you spoke with.
When dealing with Demetrios A. Demetriades LLC, it's essential to approach the situation professionally and proactively. Here are some tips to help you navigate the process:
1. Communicate openly: If you're facing financial difficulties, explain your situation to them. They may be willing to work out a payment plan or negotiate a settlement.
2. Be honest: Provide accurate information about your financial situation. Misrepresenting your circumstances can complicate matters further.
3. Seek advice: Consider consulting with a debt advisor or financial professional who can guide you through your options and help you understand the implications of any decisions you make.
4. Consider debt solutions: Depending on your circumstances, options like debt management plans or Individual Voluntary Arrangements (IVAs) might be suitable. However, it's crucial to seek professional advice before committing to any debt solution.
5. Use official channels: When contacting Demetrios A. Demetriades LLC, use their official contact methods. You can reach them by phone at +357 22769000 or visit their website at http://www.dadlaw.com.cy for more information.
It's crucial to understand that you have rights when dealing with debt collectors, including Demetrios A. Demetri