What is enforcement proceeding?

What is enforcement proceeding?

You Can Use Your Legal Rights.

The number of lawsuits filed due to loans and credit cards, which are used unconsciously today, continues to increase every day. At the end of enforcement lawsuits, enforcement proceedings are initiated for the collection of the receivable. So, what is enforcement proceeding? Enforcement proceeding is generally examined under 3 main categories: enforcement with judgment, enforcement without judgment, and conversion of pledge into cash. The creditor can carry out the enforcement proceeding under these headings by using their legal rights.

Apply to the Enforcement Directorate for Enforcement Proceeding.

To initiate an enforcement proceeding, the creditor must apply to the enforcement directorate to which they are attached. After the enforcement court examines the application, the necessary procedures are initiated for the collection of the debt. After these types of lawsuits are filed, court and attorney fees are added to the debt subject to enforcement, and in addition to the payment of the principal debt, these amounts are also demanded from the debtor.

www.icraturk.com