Bağ & Günen Hukuk Bürosu
Çalışma Saatleri

Pazartesi-Cuma : 09:00 -18:00

Bağ & Günen Hukuk Bürosu

debt collection Tag

Two methods can be used for debt collection under Turkish law. A creditor can either initiate litigation procedures by filing an action of debt before local courts or enforcement proceeding without judgement may be started before execution offices.It must be emphasized that a foreign claimant filing an action of debt or a foreign creditor starting an enforcement proceeding without judgment must deposit security unless there is a legal or de facto reciprocity between the claimant/creditor’s country and Turkey. Legal reciprocity is the existence of a judicial assistance agreement or being a party to the related convention. De facto reciprocity is