19 Feb WHAT IS ENFORCEMENT PROCEEDINGS? WHAT ARE THE TYPES OF FOLLOW-UPS?
If a debtor does not pay his debt for some reason, the legal follow-up process initiated by the creditor through the enforcement agencies in order to collect the receivables by the state is called enforcement proceedings.
Enforcement proceedings are of two types: with and without judgement.
enforcement proceedings with judgement refers to the enforcement proceedings initiated due to the decision of any court.
In enforcement proceedings with judgement, it is called the type initiated by the creditor to collect the receivables as a result of the application to the enforcement agency without a court decision.
IN EXECUTION PROCEEDINGS FOR EXCHANGE NOTES, FIRST OF ALL, THE ENFORCEMENT AGENCY RECORDS VALUABLE DOCUMENTS SUCH AS CHECKS AND PROMISSORY NOTES THAT ARE SUBJECT TO PAYMENT. IF THE PROMISSORY NOTE MEETS THE VALIDITY CONDITIONS AND THE PROMISSORY NOTE IS DUE, A WARNING LETTER ABOUT THE PAYMENT OF THE DEBT IS SENT TO THE DEBTOR BY PREPARING A PAYMENT ORDER.
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