Enforcement follow-up is the initiation of transactions at the enforcement directorates for the collection of receivables and the attempt to collect receivables by continuing these transactions in an official manner. Just as a lawyer can carry out the enforcement proceedings, the creditor can also carry out this transaction himself.
Enforcement proceedings are the proceedings initiated by the creditor through the state powers and authorities and enforcement directorates if the debtor does not fulfill his debt for any reason. Enforcement is divided into three: enforcement with a decision, enforcement without a decision and enforcement based on foreign currency. The existence of a court decision is sought in order to be able to enter into judicial enforcement proceedings. In other words, enforcement proceedings may be initiated on the basis of a court decision. In enforcement proceedings without a warrant, it is 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 rented real estate can also be requested from the enforcement directorate through enforcement without a warrant.
In addition to money, the subject of the enforcement proceedings is EDA debts, and money and guarantees constitute the subject of the enforcement proceedings. Enforcement proceedings based on foreign exchange notes have been kept separate from general follow-up methods. Foreign currency notes are one of the negotiable instruments and are specified as restricted (limited) in the law. Foreign currency notes consist of policies, promissory notes and cheques. If the basis of the receivable subject to follow-up is not one of these three negotiable instruments that we have specified, it will not be possible to carry out enforcement proceedings specific to the currency bill.