Debt Collection & Execution Proceeding
At Ketenci&Ketenci, we provide prompt, efficient, simple and cost-effective solutions to our clients for all debt collection needs against individuals and entities. As experienced Turkish lawyers, we proactively assist and act on behalf of our clients on debt collection matters in Turkey.
The debt recovery process in Turkey usually covers these stages:
- Pre-trial proceedings: including sending official notifications/demand letters to the debtor and fulfilling all the necessary formalities before the eventual trial is commenced.
- Representation during trial process. In situation where the debtor does not willingly return the debt, we are able to provide representation during trial before Turkish Courts.
- Post-trial proceedings. This includes any possible steps necessary to the enforcement of favourable decision issued by the Turkish Courts related to the actual recuperation of the debt.
We act for clients on debt collection and related matters which includes major corporations, international banks, insurers, company liquidators, bankruptcy trustees and directors.
Our debt collection services include:
- Claiming before all court jurisdictions,
- Striking out of unmeritorious defenses,
- Large scale commercial recoveries,
- Outstanding debt matters, from the initial letters of demand to handling bankruptcy actions against individuals/entities,
- Issuing enforcement proceedings to recover debts,
- Issuing creditors' statutory demands for the payment of debts,
- Issuing Bankruptcy Notices and subsequent sequestration proceedings and Warrants of Execution,
- Negotiating commercial resolutions to disputes involving debts.
Ketenci&Ketenci also represent clients in proceedings to secure claims as well as in execution proceedings. Our lawyers take all legal actions in execution proceedings including but not limited to aforementioned debt collection through competent execution offices.
Our legal services relating to execution proceedings are as follows:
- Providing legal opinions and consultations,
- Duly applying to secure claims even before initiation of court proceedings or in course of court proceedings,
- Representing before the courts concerning proceedings to secure claims,
- Duly conducting proceedings referring to enforcement clause,
- Duly conducting proceedings relating to enforcement of a payment order,
- Initiating and supervising of execution proceedings before the execution offices,
- Duly applying for remedies (complaints, appeals, charges),
- Taking any other action available for the execution proceedings,
- Applying for exequaturs in Turkey in order to execute either the orders of foreign courts or awards of foreign arbitration.