Enforcement and Bankruptcy Law
GET LEGAL HELP
Contact us on anything you want to consult!
Enforcement and Bankruptcy Law
Enforcement and bankruptcy law is one of the fundamental branches of law. It deals with how the debt will be fulfilled upon the request of the creditor when the debtor is unable to pay the debt. The debt can be fulfilled through movable and immovable properties. State coercion is used in the collection of receivables in the field of enforcement law. In order to collect the receivable from the debtor, the enforcement process must be initiated. With the initiation of the enforcement process, the collection of the receivable is realized. There are various ways to collect the receivable.
Collection can be carried out through enforcement proceedings or through bankruptcy. Seizure of the debtor’s movable and immovable property, attachment of other assets owned by the debtor, and conversion of seized assets into cash are some of the methods used in collecting the receivable.
Enforcement and bankruptcy law is one of the fundamental branches of law. Enforcement and bankruptcy law deals with how the debt will be covered when the debtor is unable to pay the debt upon the request of the creditor. The debt can be covered through movable and immovable assets. State coercion is used in the collection of receivables in the field of enforcement law. In order to collect the receivable from the debtor, the enforcement process must be initiated. With the initiated enforcement process, the collection of the receivable is realized. There are various ways to collect, such as through enforcement proceedings or through bankruptcy. Seizure of the debtor’s movable and immovable assets, attachment of other assets owned by the debtor, and conversion of the seized assets into money are some of the methods used in the collection of receivables.
The monitoring of the process of enforcement procedures affects the speed of the collection of the receivable. In order for the process to be carried out in the most effective way, it is necessary to work with a lawyer who is an expert in the field. Our law firm has experience and competence in the field of enforcement and bankruptcy law. The goal of Kapital Law Office, which works mainly in the field of enforcement and bankruptcy law, is to realize the most effective collection in the shortest possible time. Our lawyers, who have been working to achieve this goal since the establishment of our firm, provide all kinds of legal counseling and advocacy services in the field of enforcement and bankruptcy law. To get detailed information and to consult with an enforcement lawyer, you can contact us through the number on our website.
Enforcement law, one of the branches of law, aims to collect unpaid debts. It argues that the creditor must collect his debt as soon as possible and creates payment opportunities for the debtor. During the legal process, enforcement law aims for the monetary satisfaction of the creditor rather than the material satisfaction. In such cases, enforcement proceedings should be carried out with professional İzmir enforcement lawyers. Otherwise, even a small mistake can cause bad results.
İzmir Enforcement Lawyer
Enforcement lawyers deal with enforcement and bankruptcy cases. It is the duty of İzmir enforcement lawyers to perform tasks such as conducting analysis in files involving individuals and companies as creditors or debtors, and performing collection procedures.
İzmir enforcement lawyers determine the movable or immovable assets of the debtor through enforcement and bankruptcy offices. The enforcement and bankruptcy law enables the collection of the debt.
Represent their clients in cases related to:
- Collecting debts by reaching an agreement with the debtor,
- Initiating enforcement proceedings through the enforcement directorate when the debt cannot be collected,
- Handling the conversion of collateral and mortgage procedures into cash when necessary,
- Defending the rights of individuals and legal entities,
- Dealing with cases related to bounced checks,
- Representing their clients from the beginning of the seizure process until the collection of the debt,
- Pursuing claims arising from credit agreements and loans.
Enforcement law is applied by initiating enforcement proceedings on the movable and immovable properties of a debtor who does not pay their debt upon the request of the creditor. Bankruptcy law is a legal way of converting all assets of a debtor into cash through enforcement to enable the creditor to collect their debt when the debtor is declared bankrupt. In bankruptcy cases, there are also issues related to the restructuring of financially troubled companies. Enforcement and bankruptcy cases are among the files that require following up on developments.
Renewal procedures must be carried out and new developments regarding the debtor’s assets must be monitored in order to prevent losses in debt collection.
According to the Enforcement and Bankruptcy Law No. 2004, all procedures such as follow-up methods, procedures to be applied and their durations are regulated in different ways. Those who conduct research on “İzmir enforcement lawyer” encounter many options in this region. While an attorney may not be necessary in some cases, there are situations where it is necessary to hire an İzmir attorney. Enforcement and bankruptcy cases are cases that need to be constantly monitored. If these follow-ups are not done regularly, there may be losses of rights and situations such as inability to collect the debt. What is important is to work with an enforcement lawyer who is specialized in the field of Enforcement and Bankruptcy Law. When there is a lawyer following your case, this process is carried out more easily. Professional support that will manage the entire legal process will help the case to be concluded quickly.
Starting Enforcement Proceedings
The process of starting enforcement proceedings is carried out by applying to the authorized enforcement office in your region in accordance with legal regulations. An enforcement request is created with the request of the creditor. The enforcement request is the beginning of the legal process. The finalization of the enforcement process takes about a month. The duration of the enforcement case filed against the debtor varies between 7 to 14 days, depending on the enforcement request.
What kind of services do you provide in the field of Enforcement Law?
As Kapital Law Office, we provide services in areas such as quick resolution of debt collection and process management. Our goal is to minimize the damage by managing the entire process transparently by İzmir enforcement lawyers who are experts in the field.
We provide legal services for debt collection through enforcement proceedings based on bills of exchange and promissory notes, as well as for the collection of debts based on current accounts and invoices, and debts arising from financial, leasing, and credit agreements. We also handle enforcement proceedings and bankruptcy proceedings against individuals subject to bankruptcy, as well as cancellation of objections filed unjustly by the debtor in the enforcement process. In cases where our clients are wrongly subjected to enforcement proceedings, we file a negative declaration action to determine that they are not liable for the debt.
We work to establish a basis for agreement between the creditor and the debtor, and to collect the debt with the least possible expense. We also provide technical analysis and legal support for postponing bankruptcy and preparing and following up on concordat projects for clients experiencing financial difficulties.
Our team of experienced enforcement lawyers provides legal support for all types of enforcement and bankruptcy cases for both individuals and legal entities, ensuring a flawless and efficient handling of all legal proceedings.
To achieve the best possible outcome, it is important for creditors to have a thorough understanding of enforcement law and their rights, and to seek legal advice if necessary. Our team is here to assist you in the enforcement and bankruptcy proceedings, working to ensure that our clients receive their entitled rights as quickly as possible.
If you have any questions regarding enforcement law such as “What is forced execution?” or “What is enforcement without a court decision?”, as well as if you need an enforcement and bankruptcy lawyer, feel free to contact us. We are your Izmir enforcement lawyer, and we are just a phone call away.