Enforcement and Bankruptcy Law
Konya Enforcement Lawyer
What matters does Enforcement and Bankruptcy Law cover and how does it work? What is enforcement proceedings? Enforcement proceedings are initiated by the creditor's application to the Enforcement Directorate when the debtor does not pay their debt, in order to collect this debt by state power. For detailed information, you can visit https://www.latifcembaran.com/icra-ve-iflas-avukati.html.
How Many Types of Enforcement Lawsuits Are There?
Enforcement proceedings are carried out in two ways:
1 - With Enforcement Order
2 - It is examined under two headings, as without order.
Enforcement proceedings with an order are initiated based on a court decision. Enforcement without an order is initiated for the collection of monetary and collateral receivables without a court decision. In addition, the eviction of a rented property can also be requested from the enforcement directorate. A creditor who does not have a negotiable instrument (like check, bill, note, draft) or a court order can initiate general execution proceedings by going to the enforcement directorate. In such cases, it is of course beneficial for the creditor to have documents such as contracts or deeds as proof. In enforcement proceedings initiated by general execution, the debtor is sent a notification by the enforcement office. This payment order must be objected to within 7 days. If objected to, the proceedings are halted. If no objection is made within this period, the payment order and enforcement proceedings become final. Because the specified 7-day period is a forfeiture period. Of course, you do not have to deal with such complex situations and stressful transactions when you cannot collect your receivables. You can request assistance from the experienced legal team of Av. Latif Cem Baran Law Office, which serves in Konya, for all your legal problems, including enforcement proceedings, and for any matter you wish to consult.
