Turkish law topic · 1 article

Bankruptcy Proceedings in Türkiye

Tacir sıfatına sahip borçlunun tüm malvarlığının tasfiye edilerek alacaklılara paylaştırıldığı külli icra yolu. Takipli iflas, doğrudan doğruya iflas ve sermaye şirketlerinde borca batıklık bildirimi başlıca yollarıdır.

Guides and Articles

Insolvency of a Turkish Debtor: What Foreign Creditors Should Do

When a Turkish debtor becomes insolvent or enters composition proceedings, foreign creditors must register their claims and follow specific Turkish insolvency procedures to have any realistic chance of recovery.

Related Legislation

İİK m. 154
İİK m. 177
İİK m. 179
TTK m. 376

Topic Map

Considered together with: Capital Loss and Insolvency of Companies
Alternative routes: Composition with CreditorsDissolution and Liquidation of Companies
Related topics: Ranking of CreditorsAvoidance of Fraudulent TransfersLiability of Directors and Managers

This topic supports our Debt Recovery from Turkish Companies service.

← Publications

We can assess your legal situation together

By conveying your matter directly to our attorneys, you can request an appointment at a time convenient for you. Your application is carefully assessed according to the nature of the case.

Request an Appointment →0533 701 24 51