It seems that the Banks in Cyprus are now making a concerted effort to mark down defaulters of Cyprus CHF loans as “uncooperative” (in reality, meaning that they cannot pay) as Christofi Law have been contacted by a number of people who have had proceedings served on them in the UK af
After the grant by the Cyprus Government of a new year reprieve for many homeowners who have not yet issued proceedings against the banks in Cyprus -with the extension of the limitation period in Cyprus to December 2014 – a new phenomenon has appeared for the new year – pe
PRESS RELEASE Following on from recent articles on the Christofi Law website regarding Alpha Bank proposals sent to various clients of Christofi Law, people with foreign currency loans in Cyprus have been contacting Christofi Law to share information on proposals they have received f
The proposal made to a number of account holders by Alpha Bank ( including a number of clients of Christofi Law) ) to consider the possibility of restructuring and writing off part of the loans made to those clients raises a number of issues for those unsure what to do about the prop
A number of Christofi Law Clients have received letters from Alpha Bank, headed “without prejudice”, offering to restructure their loans. The bank writes that it does so because of the “global crisis” and the proposal is intended to assist its customers either to continue to pay off t
The views of Chris Christofi and Christofi Law are mentioned and considered in the House of Commons Library in articles under the “International Affairs and Defence Section” relating to Cyprus. The House of Commons Library is a facility to assist Government , Ministers of
…well, 1 Parliament Street actually. Chris Christofi was in Westminster on 15 May meeting among others David Lidington Minister for Europe, the British High Commissioner in Cyprus, Mathew Kidd and Bill Cash MP , the founder of the rather cumbersome sounding All Party
Cyprus lawyers, facing a hard time and devoid of any work from their chums the developers and bankers, have started to tout for business from British homebuyers. In an act of what some might say is outrageous impudence, many Cypriot lawyers suddenly profess themselves to b
With hundreds of cases now in the Cypriot courts, and indeed with new cases being issued , and with debtors now going on the offensive against the banks, rather than waiting for the banks to come after them, the response of the Cypriot judiciary to the problems which created the bailo
It has been an eye opener for some people in the EU area how events on Cyprus recently have taken on a geopolitical significance far greater that that presumed for a small island of less than one million people. Some people with large loans from Laiki/Cyprus Popular Bank especially ma