What is Enforcement and Bankruptcy Law?
It is the branch of law that regulates the relationship between the debtor and the creditor. Enforcement and Bankruptcy Law helps to resolve debt and credit disputes between real and legal persons and private persons. It is the legal system that protects the rights of the creditor against the debtor who does not pay his debt on time. This ensures debt collection with state authority. It is the confiscation of the debtor’s movable and immovable properties under certain conditions. How to behave in such a situation is clearly stated in the law. All procedures and principles regarding the collection of receivables in Turkey are subject to the Enforcement and Bankruptcy Law and enforcement courts have been appointed accordingly. If necessary, law enforcement can be compelled to monitor compliance at the request of the court.
What are Enforcement and Bankruptcy Law Cases?
Used for the resolution and settlement of all kinds of disputes between the creditor and the debtor, Lawyers are involved in matters such as examining the debtor’s assets, negotiating and signing protocols for the settlement of debts between the client and the other party, resolving disputes arising from loan agreements, concluding a contract after the examination to be made between the debtor and the creditor. can advise their clients. The debtor’s assets by concluding a contract between the debtor and the creditor. all legal regulations. To provide consultancy on bankruptcy rights and follow-up of legal persons, contract and bankruptcy declaration. Enforcement and bankruptcy law area, subsequent bond arising from enforcement and bankruptcy laws
What are the Types of Enforcement Proceedings?
Written enforcement is a type of enforcement that is enforced by a court decision. Here is a documented application. In other words, the person who thinks he is a creditor proves with documents that the debtor owes him.
Tracking Types
Implementation without judgment is the application of the creditor to the enforcement office without any evidence. If the person who is alleged to be indebted declares his objection within 7 days of receiving the notification by the enforcement office, the enforcement proceedings will automatically stop. The person should make his objection to the enforcement office that sent the notification with a petition.
If the debtor continues not to pay his debt after the enforcement proceedings, there will be foreclosure proceedings. Foreclosure proceedings are also a type of enforcement proceedings.