Execution, Enforcement & Debt Collection
key contacts
Meltem Akol
Partner
makol@akol.av.tr
+90 212 264 6000
Execution, Enforcement & Debt Collection
Akol’s legal team and veteran paralegals are highly experienced in execution and enforcement proceedings such as obtaining recognition of foreign court decisions by the Turkish judicial system. Our execution and enforcement services include:
Providing legal opinions and consultation from warning stage to final verdict
Securing claims even before initiation of court proceedings or during court proceedings
Representation of clients before the courts to secure claims
Conducting proceedings referring to existing enforcement clauses
Enforcement of payment orders and bonds
Initiating and supervising execution proceedings before relevant execution offices
Assessing and applying for the most appropriate remedies (complaints, appeals, charges)
Recognition and execution of foreign court orders or foreign arbitration awards.
Our services cover each stage of the formal debt recovery process, which is usually preceded by informal negotiations if necessary and appropriate. The formal stages usually follow the following staged framework:
Pre-trial proceedings: including sending official notifications/demand letters to the debtor and fulfilling all the necessary formalities and pretrial procedure.
Representation during trial process. In situations where the debtor does not willingly return the debt, perhaps after Execution Office process, we provide trial representation before Turkish Courts.
Post-trial proceedings. This includes any steps necessary to the enforcement the decision of the Courts to recover the debt.
We provide prompt, proactive, efficient, simple and cost-effective solutions for debt collection against individuals and entities, including banks and other companies with high volume debt collection needs. Tasks are performed with the importance of brand management and reputation, as well as other important considerations in mind to ensure the right results for our clients’ business.
Our team is well versed in all collection and governmental software such as UYAP, İcra Pro, AvukatPro, Inter Collection, HTS, Edremis, Ihope and all members are certified YTS users. To support our legal team, specialized call center employees keep in contact with debtors to speed up the entire collection and execution process.
Our debt collection services also include:
Claims in any Turkish court jurisdiction
Striking out meritless defenses
Large scale/high volume commercial recoveries
Outstanding debt matters, from initial letters of demand through to bankruptcy petitions / actions against individuals or entities
Enforcement proceedings
Creditors' statutory demands for payment of debt
Bankruptcy Notices and subsequent sequestration proceedings and Warrants of Execution
Negotiating commercial resolutions to debt disputes.