17 Jan What Is Enforcement Proceedings?
Enforcement proceedings consist of initiating proceedings at the execution offices to collect a receivable and trying to collect the receivable by continuing these procedures in a formal manner. As a lawyer can execute the execution proceedings, the creditor himself can carry out this process.
If the borrower does not perform his debt for any reason, the execution proceedings are the ones he initiated through the state power and authority and the execution offices of the creditor. The executive is divided into three as execution based on execution, ilamless execution and bills. The existence of a court order is sought in order to pursue an enforcement proceeding. In other words, it is possible to initiate execution proceedings on the basis of a court decision. In the case of non-enforcement proceedings, it is the enforcement proceedings that will be initiated in order to collect money and collateral receivables without the need for a court decision. At the same time, the evacuation of a leased property may be requested by a non-executive execution from the executive directorate.
In addition to the money, the subject of the enforcement proceedings, as well as the obligations of execution, while the subject of the execution proceedings consist of collaterals with the money. The bills of exchange are valuable documents and they are defined as (limited) in the law. Bills of exchange; policy, bills and pay. If the basis of the receivable is not one of these three precious documents that we have stated, it will not be possible to carry out enforcement proceedings specific to the bill of exchange.
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