Debt Collection Procedure in Turkey

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 [...]

By |2018-07-26T13:44:33+00:00July 26th, 2018|Debt Recovery|Comments Off on Debt Collection Procedure in Turkey

Summary Procedures for Debt Collection in Turkey

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 [...]

By |2018-05-28T13:26:48+00:00May 28th, 2018|Debt Recovery|Comments Off on Summary Procedures for Debt Collection in Turkey

Debt Collection in Turkey and The Collection Process

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 [...]

By |2018-03-30T13:28:39+00:00March 30th, 2018|Debt Recovery|Comments Off on Debt Collection in Turkey and The Collection Process

Debt Recovery In Turkey

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 [...]

By |2018-03-01T12:36:08+00:00March 1st, 2018|Debt Recovery|Comments Off on Debt Recovery In Turkey

Attachment of Debtor’s Assets in Turkey

Attachment of Debtor’s Assets in Turkey When it comes to enforcement proceedings, Turkish law distinguishes between non-monetary (e.g., specific performance) and monetary claims (i.e, payment of an amount of money). Enforcement of monetary claims is regulated by the Turkish Debt Collection and Bankruptcy Act. The same holds true for interim measures aiming at securing the [...]

By |2018-03-01T11:17:11+00:00March 1st, 2018|Debt Recovery|Comments Off on Attachment of Debtor’s Assets in Turkey

Enforcement of Money Claims In Turkey

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 [...]

By |2018-02-26T11:50:48+00:00February 26th, 2018|Debt Recovery|Comments Off on Enforcement of Money Claims In Turkey

Consumer Debt Recovery Law in Turkey

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 [...]

By |2018-02-23T09:58:24+00:00February 23rd, 2018|Debt Recovery|Comments Off on Consumer Debt Recovery Law in Turkey

Debt Collection Services In Turkey

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 [...]

By |2018-01-27T13:24:37+00:00January 27th, 2018|Debt Recovery|Comments Off on Debt Collection Services In Turkey