There is no restriction on the power of a debtor to dispose of his assets before the attachment of his goods or adjudication of his bankruptcy. For this reason, it is prevalent that debtors, who totter on the verge of bankruptcy or face the danger of attachment, make some doubtful dispositions. To avoid these doubtful [...]
Debts arising from legal relations between the parties may not always be a pecuniary debt. For example, debts such as construction of a building, enabling to establish a personal relationship with the child, the guardianship of whom is given to the mother, and father or the return of the jewelry given to the bride and [...]
Does your company have a Turkish customer who is not paying your invoices? The trading culture and regulations in Turkey differ from those you are used to, which often makes debt collection in Turkey complicated. Our Turkish debt recovery lawyers have the means to make your debtor pay. From the moment you hand your debt [...]
Debt Collection Procedure in Turkey Debt Collection Procedure in Turkey: Turkish law provides a framework for creditors to collect what is owed to them. In Turkey, debts are pursued through a Debt Collection Office (Icra Dairesi). There is a Debt Collection Office in Turkey in every judiciary, and they are part of the Turkish legal [...]
Summary Procedures for Debt Collection in Turkey The Code of Civil Execution and Bankruptcy of 1932 provides also a summary procedure for collection of liquidated debts. A liquidated debt is a debt, the amount of which has been determined by the parties or by operation of law. Liquidated debts may be collected through a speedy [...]
Debt Collection in Turkey and The Collection Process Learn about Turkey’s unique debt collection process, its Turkey’s Debt Collection Office system, how to collect a debt owed to you in Turkey and what to do if a Debt Collection Order is filed against you... The Turkish legal system provides a framework for creditors to collect [...]
Debt Recovery In Turkey Prior to initiating legal action As in any other system, the best way to begin the debt collection process is to contact the debtor by phone or by sending a demand letter, or a reminder. If the debtor has not paid his or her debt in time a letter written by [...]
Enforcement of Money Claims Under Turkish Law Turkish law provides for two types of proceedings for the enforcement of money claims referred to as "special execution proceedings" and "general execution proceedings" respectively. Both types of enforcement proceedings are initiated by a creditor (or a private individual/ company claiming to be a creditor) filing an enforcement [...]
Turkish debt recovery law is influenced by a great clash of principles. These principles affect the relationships of debtors and creditors both before and after the intervention of the courts. The basic law governing the recovery of debts fundamentally assumes that individual creditors have a right to recover what they are owed, regardless of the [...]
Our specialist Debt Recovery lawyers has extensive experience and in-depth knowledge of all aspects of debt recovery matters in Turkey. Speed and efficiency are the hallmarks of our streamlined and specialist debt recovery service. Our service involves providing clients with commercial and solution-focused advice on debt recovery, from issuing demands for payment to obtaining judgment [...]
