Debt recovery in Turkey

Execution And Bankruptcy Proceedings in Turkey, account receivable collection.

As the Republic of Turkey is a member of the Euro-Mediterranean partnership, its main import and export market is the European Union. The volume of trade between Turkey and European countries is growing each year, as a result many foreign investors and businesspersons deal with Turkish companies. Creating international business and partnership entails a number of legal issues such as, for example, account receivable collection.

Our law firm cooperates with the debt recovery department and is ready to assist in account receivable collection efforts for our foreign clients. In Turkey enforcement of debts is regulated by The Execution and Bankruptcy Code. Debtors who avoid paying debts can be fined or be forced to pay the debts by court.

Our lawyers in Turkey also work to prevent any possible unfair debt collection practices and making clients aware of the existence of fake debt collectors.

We also work in such spheres as: