Recovering Debt in Turkey: A Strategic Guide for International Creditors

Chasing an unpaid debt is frustrating, even more so when your debtor is in another country like Turkey. But don’t write it off just yet! Turkish law offers clear pathways for foreign creditors to recover debt in Turkey. Here’s a simplified overview of your options.

 

 

 

Start Smart: Try Amicable Collection First Before lawyers and courts, always attempt a friendly (but firm) approach. A formal demand letter sent by a local lawyer in Turkey can often be surprisingly effective. It’s faster, cheaper, and preserves the business relationship if possible.

If Negotiation Fails: The Legal Routes Turkish law provides two main legal paths for debt collection in Turkey:

  1. The Fast Track (Execution Without Judgment): If your debt is based on clear documents (like an invoice) and unlikely to be disputed, you can go directly to the Enforcement Office to start the process. Quick, but relies on the debtor not objecting.
  2. The Court Route (Execution Based on Judgment): If the debt is complex or disputed, you’ll need to file a lawsuit first. Once you win the case, the court order gives you powerful enforcement rights. Longer, but necessary for contested claims.
  3. Why You Need Local Help Navigating the legal steps, court procedures, and enforcement actions requires local expertise. An experienced Turkish debt collection lawyer manages the entire process for you, overcoming language barriers and procedural complexities.

This is just a brief overview. The full process involves specific deadlines, document requirements, and strategic decisions at each stage. We have published a comprehensive, step-by-step guide on our website that explains everything a foreign creditor needs to know.

To read the complete guide and understand your best strategy, click here: https://www.pilc.law/debt-collection-in-turkey/

Location: Avrupa

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