Enforcement & Bankruptcy Law
What is Enforcement and Bankruptcy Law?
Execution and Bankruptcy Law represents an area of a country's legal system that deals with debt collection and the management of this process in the event of debtors' financial difficulties. Its basis consists of debts arising from private law relations.
Enforcement Law protects the rights of creditors and enables debtors to collect their debts using their assets. This process usually starts at the request of creditors and is carried out by bailiffs or enforcement agencies.
Bankruptcy Law deals with the management of the debtor's financial situation when it reaches the point of bankruptcy. Bankruptcy means that the debtor is no longer able to pay. The bankruptcy process is supervised by the court and the debtor's assets are distributed to creditors in a certain order, thus protecting the rights of creditors. The bankruptcy process can involve various options, such as the debtor selling its existing assets to pay its debts or deferring debts for a certain period of time.
Execution and Bankruptcy Law aims to provide debtors with a fair process while protecting the rights of creditors. For this reason, enforcement and bankruptcy processes are often subject to complex and detailed legal regulations.
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The main services that Abatay & İşeri Law Office professionally provides to our clients within the scope of Execution and Bankruptcy Law are
Enforced and unenforced execution proceedings, bill of exchange proceedings, proceedings through bankruptcy, rent proceedings, proceedings through foreclosure of pledge, proceedings through foreclosure of mortgage
Negative determination case arising from the law of enforcement proceedings, annulment of the disposition case, retrieval case, appropriation case, all legal disputes and lawsuits for sale in enforcement proceedings and eviction cases
Complaints and objections against the actions of the bailiff
Preparing debtors' bankruptcy applications and presenting them to the court
If bankruptcy applications are accepted, managing the bankruptcy process, monitoring court decisions and protecting the rights of clients
Objecting to creditors' bankruptcy applications, defending debtors in bankruptcy proceedings and representing clients' rights in court
Providing advice on the consequences after bankruptcy
Resolution of disputes arising from banks' loan agreements