Enforcement Law
According to Turkish legislation, it is prohibited for an individual to employ coercion against another individual in order to collect his/her outstanding debts. In other words, an individual who wants legal protection must submit an application to a court and secure a favourable judgement in order to secure their rights. Nevertheless, the prohibition of employing coercion continues even after the court has issued a judgement. Therefore, the State bears the responsibility to execute the court's judgement. Compulsory enforcement law refers to the area of law that facilitates the recovery of receivables by creditors through State assistance. To ensure that the creditor recovers his/her receivables, enforcement offices seize the debtor's assets, these assets are subsequently sold for money, which is eventually used to pay the creditor's receivables.
As Nacar & Yılmaz Law Firm, we recover our clients' receivables with our experienced, professional, and expert team in enforcement law. We ensure that the receivables of numerous industry-leading creditor companies, which have been harmed by the escalating debts within the current economy, are recovered via legal channels. To safeguard the interests of our corporate clients, we employ our team to commence the appropriate enforcement proceedings and furnish legal counsel throughout the entire process, encompassing file administration to execution.