Enforcement and bankruptcy law regulates the process of debt collection between debtors and creditors. Particularly in international commercial relations and disputes between companies, enforcement and bankruptcy law plays a crucial role. Pangea Law offers expert consultancy services for debt collection, enforcement proceedings, and bankruptcy applications in both Turkey and Germany.

What is Enforcement Law?

   Enforcement law involves the collection of debts by the state after a creditor files a lawsuit against a debtor. In Turkey, a creditor has the right to seize the debtor’s assets in order to collect the debt. However, this process can be complex and requires detailed legal knowledge.

What is Bankruptcy Law?

   Bankruptcy law involves the process of seizing the assets of companies or individuals who cannot repay their debts and allowing creditors to collect from these assets. Bankruptcy cases can have serious consequences, especially for commercial enterprises. Pangea Law provides professional support for bankruptcy applications and post-bankruptcy procedures.

Services Under Enforcement and Bankruptcy Law

1. Enforcement Proceedings:

    Initiating asset seizure, confiscating debtor’s assets, and managing sales proceedings for debt collection.

2. Bankruptcy Cases:

    The process of filing for bankruptcy for companies that cannot repay their debts and protecting the rights of creditors.

33. Enforcement of Foreign Decisions:

    Making a foreign enforcement decision from Germany enforceable in Turkey and carrying out debt collection procedures.

4. Debt Collection:

  Ensuring that creditors' rights are protected and debts are collected.

International Enforcement and Bankruptcy Cases:

   Pangea Law offers expert support for Turkish and German companies or individuals facing enforcement and bankruptcy cases in both Turkey and Germany. If a court decision from Germany is not recognized in Turkey, it cannot be enforced, which is why it is crucial to work with a team familiar with both countries’ legal systems in enforcement and bankruptcy cases.

At Pangea Law, we provide effective solutions for both individual and commercial enforcement and bankruptcy cases, ensuring that your debts are secured with professional legal support.