What is debt collection? How is debt collection initiated and what is the process?
What is debt collection? How is debt collection initiated and how does the process work? This refers to non-repayment of a loan, or failure to collect a commercial invoice on time... Read More
How to Collect a Bond Receivable?
A promissory note is one of the most frequently used negotiable instruments in commercial life. Often referred to as a "bill" among the public, a promissory note is a document whereby the debtor pays a specific sum of money... Read More
Can a promissory note that has been paid off still be subject to enforcement proceedings?
In commercial life, promissory notes are frequently used documents for proving and collecting debts. However, one of the most common problems encountered in practice is whether or not the debt can be fully or completely paid... Read More
Would any deficiencies on a promissory note render it invalid?
What is a promissory note? A promissory note is a negotiable instrument in which the issuer unconditionally undertakes to pay a specific sum of money to a specific person or to their order. Read More
What is Endorsement on a Bond?
A promissory note is a type of negotiable instrument frequently used in commercial life to secure debt and credit relationships. One of the most important features of a promissory note is that it is subject to certain conditions... Read More
How to Obtain a Stay of Execution? Suspension of Execution During the Appeal and Cassation Process
Filing an appeal or cassation against a court decision does not automatically stop the enforcement proceedings. According to the Code of Civil Procedure, both appeal and... Read More
How are court orders regarding the delivery of movable property enforced?
If a court has ruled that a specific movable property should be given to a person, the practical implementation of this decision is resolved through enforcement proceedings. The movable property in question is a vehicle,... Read More
Contract Sample-7
JOINT AND SEVERAL GUARANTEE AGREEMENT ARTICLE 1- PARTIES 1.1. Creditor Trade Name: …………………………………. Inc. MERSIS No: …………………………………. Tax Office / Tax No: …………………………………. Address: …………………………………. In this agreement... Read More