Debt Collection in TurkeyDebt collection in Turkey: advantages of the Litigation Approach

Debt collection in Turkey

Filing an action of debt grants the claimant interim measures which make the litigation process more advantageous than the enforcement process. Firstly, the Claimant shall be entitled to request precautionary attachment to be placed on the fixed and liquid assets of the debtor along with the rights and receivables held by third parties.

The second remedy is to request for a preliminary injunction to freeze the fixed and liquid  assets of the debtor to restrict their sale and/or transfer to third parties under any manner whatsoever to prevent the debtor from stripping their assets until the completion of the proceedings. In all cases the court must be persuaded by illustrating the necessity of the subject interim measure.

If the Court awards in favor of the Claimant, the verdict can be enforced directly against the debtor. In the event of non-performance of the paying the debt, the Claimant shall be entitled to initiate an executive enforcement procedure with judgement before the execution office.

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8 Lawyers Offering Debt Collection Services in Turkey

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  • Agata Wilczynska
    Agata Wilczynska, Prague, Czech Republick

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    Jun 18, 2020