LAW OF ENFORCEMENT AND BANKRUPTCY


Another name for enforcement and bankruptcy law is forced enforcement. Forced execution is the (forced) fulfillment of debts with the help of State force. In order to protect the creditor side against debtors who do not pay their debts (for the creditors to get their receivables), creditors have been given the right to request the assistance of the State power. All kinds of transactions in collecting creditors’ receivables constitute the subject of the Executive Law.

In order to collect the receivables of the creditor, the property of the debtor is confiscated and sold through the enforcement offices. The creditor’s receivables are paid with the money obtained. The enforcement offices have the right to use force in their transactions to collect the creditor’s receivables.

In this context, our office provides services on issues such as initiation of receivable follow-up, finalization of the follow-up, implementation of final foreclosure and lien foreclosure phases based on final enforcement proceedings, execution of execution proceedings regarding sales, mortgages, pledges and bills of exchange.