The Dangers of Signing a Blank Promissory Note: Fraud Methods in Practice and How to Protect Yourself?
Signing a blank promissory note is unfortunately a very common mistake in Türkiye, made out of a sense of "signing for formality" or "we trust them anyway." However, a blank promissory note... Read More
When Buying a Vehicle from a Dealership, Under What Circumstances is a Promissory Note Considered Invalid?
In Türkiye, it's quite common for dealerships to request a "promissory note" from buyers when buying and selling used vehicles. Often, this note serves as collateral for debt collection... Read More
Petition for Annulment of Objection Due to a Check Not Qualified as a Negotiable Instrument
TO THE HONORABLE JUDGE OF THE BAKIRKÖY DUTY PRIMARY COMMERCIAL COURT PLAINTIFF (CREDITOR): [Your Client's Name/Title] ADDRESS: [Address Information] REPRESENTATIVE: Attorney Aydanur Nas... Read More
Draft Petition for Removal of Adapted Provisional Attachment Order
Petition for Lifting of Attachment (Place and Court Name) ... TO THE JUDGE OF THE PRIMARY COMMERCIAL COURT PLAINTIFF/DEBTOR SUBJECT TO PRECAUTIONARY ATTACHMENT: Name Surname /... Read More
Sample Petition for Provisional Attachment Request
APPLICATION FOR PRECAUTIONARY ATTACHMENT TO THE DUTY PRIMARY COMMERCIAL COURT APPLICANT (CREDITOR): ABC Makine San. ve Tic. A.Ş. (MERSİS: …)... Read More
What are the mandatory elements when issuing a promissory note, and is any deficiency ground for cancellation?
1. Introduction Negotiable instruments are very important for the security of commercial life and for proving creditor-debtor relationships. One of the most commonly used types of these instruments is the promissory note.... Read More
The "Insufficient Funds" Procedure for Checks and the Liability of Banks
The Procedure of Insufficient Funds for Checks and the Liability of Banks 1. Introduction A check is one of the most widely used negotiable instruments in commercial life. The most important function of a check is... Read More
Enforcement Law and Collection Processes in Türkiye
Introduction In Türkiye, one of the most important mechanisms that comes into play to protect the rights of creditors when parties fail to fulfill their obligations in economic relations is enforcement law. The debtor, when paying their debt... Read More
Petition for Objection to Authority, Signature, and Interest in Enforcement Proceedings Related to a Negotiable Instrument
… TO THE ENFORCEMENT LAW COURT … Enforcement Directorate File Number: …/… PLAINTIFF: Name and Surname Address REPRESENTATIVE: Attorney Name and Surname Address... Read More
Objection to Enforcement Proceedings Initiated Through Attachment Specific to Negotiable Instruments and Request for Suspension of Proceedings
… TO THE EXECUTION LAW COURT OF ANKARA OBJECTING PARTY (DEBTOR): [Name Surname] (Turkish Republic Identity Number) [Address] REPRESENTATIVE: Attorney [Name Surname] [Address] [Phone] DEFENDANT (CREDITOR):... Read More