WHAT IS A PRECAUTIONARY LIEN? - AŞIKOĞLU LAW OFFİCE
Aşıkoğlu started his position as the Alanya Public Prosecutor in 2009 and continued until 2013 when he quit his position to initiate his career as an attorney at law.
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WHAT IS A PRECAUTIONARY LIEN?
05 Feb WHAT IS A PRECAUTIONARY LIEN?
Precautionary lien is a temporary legal protection that provides for the confiscation of the debtor’s assets by a court decision to guarantee the outcome of the current follow-up of receivables. The creditor requests an injunction from the competent court on the basis of a suitable petition that he will receive a child born or not, and if the court accepts this request, it decisively decides that the creditor will deposit a security ranging from 10 to 15 percent. Without this guarantee, it is impossible for the court to make an injunction lien decision.
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