Our Firm

George Y. Yiangou International Debt Recovery Ltd

Who we are 

George Y. Yiangou (I.D.R) Ltd was established in order to provide exclusive services in the field of International Debt Recovery, with the changeover of title George Y. Yiangou & Co into a Limited Liability Company in January 2013.

With over 30 years’ experience in International Debt Recovery, George Y. Yiangou I.D.R Ltd has developed successful business relations with a large number of clients all over the world and has gained a firm reputation as an efficient and reliable partner.

The firm’s head office is situated in Nicosia, the major business center of Cyprus with branch offices in Athens and Thessaloniki (Greece), an associate office in Istanbul (Turkey) and associate law firms worldwide. We collect debts primarily in Greece, Cyprus, Turkey, the Middle East, Africa and Eastern Europe. 

Our head office in Cyprus employs qualified experienced debt collectors and an administrative team who can provide high quality assistance in Greek, English, Russian, Ukrainian, French, Italian, German, Turkish, Romanian and Arabic. Our experienced staff use all the conventional collection procedures, and is particularly knowledgeable of the business environment and practices in the countries we cover. The bi-lingual collection managers use their negotiation skills to obtain payment proposals and are usually able to find acceptable debt collection solutions to disputes or misunderstandings that may exist between the relevant parties.

Even though litigation is only proposed to our clients as a last option, our firm has the advantage of 15 qualified in – house Lawyers who can provide a very professional service from the amicable phase to legal procedures. We have also established a network of International lawyers worldwide thus assuring our clients of efficient legal assistance globally.

We are constantly developing debt collection recovery techniques and use comprehensive in-house training programs which are designed to develop the legal knowledge skills and commercial awareness of our staff. All members of the firm are dedicated to satisfy our clients’ demands and expectations and our clients are guaranteed continuous and tailored advice combined with a business-oriented approach.

We are one of the largest collection agencies in our area and represent several major credit insurance companies such as COFACE, ATRADIUS COLLCTIONS, EULER HERMES, CESCE, DUCROIRE DELCREDERE. We also represent principal collection agencies, including Intrum Justitia, Dun & Bradstreet and Creditreform, as well as a number of medium and small agencies.

George Y. Yiangou I.D.R Ltd is a member of a number of professional associations including: International Bar Association, Cyprus Bar Association,  Center of International Legal Studies, League International for Creditors (LIC), The Commercial Law League of America (CLLA), Credit Services Association (CSA) of UK, the American Collectors Association (ACA), International Association of Commercial Collectors (IACC), TCM Group International, Hellenic Collectors Association, ECA, FCIB, FENCA and ECN.

Our members take an active part as both speakers and participants in international conferences and seminars thus keeping the firm constantly up-to-date on all legal and International Debt Recovery developments. We are also well reputed for publishing regular articles and contributions related to the most vital International Debt Recovery issues of Cyprus and Greece and European Union innovations.

Our professional team is dedicated to obtaining optimal collection results in the shortest time possible.

Our aim is to provide our clients with prompt, practical and cost effective assistance and to pay personal attention to their individual requirements.
 
Our success is due to the strength of our expertise together with a combination of a high standard of service with strict confidentiality and professionalism.

Our ultimate goals are prompt collection, client satisfaction and value for money.