Debt Collection in Turkey–Turkish Execution and Bankruptcy Law

Odaman & Taskin Law Firm executes debt recovery in Istanbul, quickly and with zero error, for debts recovery from Turkish parties or companies by foreign parties or foreign companies with expert lawyers in Istanbul, Turkey. Debt collection in Turkey is only performed by enforcement offices established for the related transactions. Apart from Continental Europe, debt collection in Istanbul is exercised by either the payee himself or attorneys in Turkey. Debt collection may be able to be executed in enforcement offices in Turkey ande debt collection offices in Istanbul for due at law.

For your debt collection in Istanbul:
» Document having basis of debt (Foreign exchange documents, check, bond, policy, invoice etc.)
» Amount due,
» Power of attorney in Turkey issued to us will be sufficient in the first step.

Odaman & Taskin Law Firm represents its clients in respect of preparing enforcement procedures, execution proceedings, preparing and revising peaceful agreements, concluding payment agreements, and conducting negotiations by appearing on either payer or payee in these issues during the whole process of debt and enforcement procedures. Odaman & Taskin Law Firm conducts consulting about debt and credit arising from commercial deals between Turkey and other European countries, and provides services about collecting your debts by auction from the debtor companies in Turkey and foreign companies or creating, inspecting and proceeding a way to be agreed by the parties by peaceful means.

Odaman & Taskin Law Firm executes the redemption of debts, claim for compensation in Istanbul, distrainment of money and assets by sales, payment and following-up of damage costs also, the law firm in Istanbul renders services about filing an action to your damages and requests, execution of legal procedures for payment, providing technical support about legal and financial procedures during project negotiations, preparing a report relating to the organization structure, its commercial information, new investments in determining and providing a partner and informing Turkish firms and drawing an financial analysis reports about candidate firm and providing intelligence.

Odaman & Taskin Law Firm is an expert to collect the debts of its domestic and foreign clients through enforcement offices, enforcement and commercial courts referring to deed, check, invoice or an independent debt. Also, the law firm in Turkey carries out all the required legal procedures on time, within the foreign court decisions and arbitrations, for acknowledgment or execution of these arbitrations or decisions in Turkey, or commences of enforcement procedures of the related resolutions in Turkey. Also, it can be able to carry out the required procedures quickly, contacting with the partner offices in foreign countries for debt collection of Turkish companies from the companies in foreign countries.

Odaman & Taskin Law Firm, with its expert debt collection lawyers in Turkey, particularly provides legal consulting services about commencing execution proceedings, performing debt collection for the debt collection in Istanbul, debt collection companies in Istanbul and natural persons, legal consulting for the companies, collecting the debts at abroad for the companies, filing an action for debts collection at abroad for the companies, and about debt collection for Odaman & Taskin Law Firm enforcement lawyers in Turkey, debt collection lawyers in Turkey, companies and individuals.

The services provided by Odaman & Taskin Law Firm about debt collection in Turkey have been specified as general headings: Sending debt notification for collecting debt just before commencing execution proceedings, Researching about debtor/taxpayer (bank account information, rating report, financial analysis etc.) Mediating and making an agreement, Communicating with the debtor in his mother tongue, Carrying out legal assessment about your debts/credits, Commencing and carrying through enforcement procedures for debt collection, Filing action for annulment in case of objecting to execution proceedings performed, Conducting the enforcement actions due to debt, Carrying through bankruptcy and bankruptcy process in Istanbul for the debtors, Following-up the litigations filed by the debtors against the creditors, Providing consulting services in Istanbul due to execution proceedings and litigation in Istanbul, Filing objection in Istanbul actions against the debt and enforcement, Withdrawal of appeal, commencing and pursuing of the litigations in Istanbul, Opening enforcement proceedings without judgment (order of payment through courthouse) Commencing the litigation in Turkey period by filing an action in authorized court agains the debtor, Completing execution in Istanbul, Turkey and enforcement procedures in Istanbul, Collection of debt in Istanbul and transfer the money collected to the creditor.