Enforcement proceedings consist of attempting to collect the receivables by initiating transactions in the enforcement directorates and continuing these transactions in an official manner in order to collect the receivables. A lawyer can carry out enforcement proceedings, as well as the creditor himself can carry out this operation.
Enforcement follow-up is the follow-up initiated by the creditor through the state power and authority and enforcement directorates in the event that the debtor does not fulfill the debt for any reason. Execution is divided into three: execution creditor, proceeding without judgment and execution based on foreign exchange notes. The existence of a court order is being sought to engage in execution creditor tracking. In other words, it is possible to initiate execution creditor tracking based on a court decision. Proceeding without judgment is the enforcement proceedings that will be initiated in order to collect money and collateral receivables without the need for a court decision. At the same time, the eviction of a leased real estate can also be requested from the enforcement directorate through a process without judgment.
In addition to money, the subject of execution creditor follow-ups is also obligations, while money and guarantees constitute the subject of proceedings without judgment follow-ups.Enforcement proceedings based on foreign exchange notes have been kept separate from the general means of follow-up. Foreign exchange notes are among the valuable documents and they are specified in the law as tahdidi (limited). Foreign exchange notes; policies, bills and checks. If the basis of the receivable that is the subject of follow-up is not one of these three valuable documents that we have specified, it will not be possible to carry out the enforcement proceedings specific to the foreign exchange note.
You can read our articles and petition examples by clicking here.