Turkish debt collection laws are giving priority to the creditor who acts most quickly
A creditor can start a litigation procedure by filing a debt claim using a local Court. He can as well initiate executive enforcement proceedings using an execution offices.Learn More
It is possible to demand the bankruptcy of a Turkish company by confirming his debtor status and by showing its passive assets are greater than its active assets.Learn More
Promissory note or check, written contract can be used as a guarantee for your receivables. Turkish laws are protecting the rights of the creditors, enough to ensure the collection of your unpaid accounts.
Businesses often become known today through effective marketing. The marketing may be in the form of a regular news .
possible corporate activity issues among creditors debtor company. Turkish law protects both creditor and debtor against unfair, aggressive or illegal practices to de done by creditor, collection agency or debtor himself
is an individualised procedure based in mutual dealings between debtors and creditors. Bankruptcy law supersedes the debt collection process.
Creditors' Rights and Collection Options using an Attorney in Turkey
enforcement proceedings is a method of enforcement. It is called in Turkish "genel haciz yoluya takip" . Haciz meaning Bailiff.
immovable properties enforcement or real estate belonging to the debtor.
Writing result-oriented ad copy is difficult, as it must appeal to, entice, and convince consumers to take action.
bonds or other credit note alike documents, which are very used in Turkey between companies, an exactas translation would be "kambiyo senedine özgü takip yolu".
This is the first step of the procedure where the creditor submits to the cn office of the debtor domicile the claim
execution a Court Judgment. Any dispute the debtor may claim within 7 days after the receipt of summons will be disregarded by the court in a summary proceeding.
Using the Turkish Code of Obligations, Commerce or Bankruptcy Law regulations, the debt collection agency or its lawyers can choose to go for an amicable solution or a Court procedure gainst any debtor located in Turkey.
Inflation in Turkey has decreased in October 2019 due to a favorable base effect.
Corporate Recovery and Insolvency in Turkey: all legal terms and procedures for 2019.