Turkish law topic · 6 articles
Default of the Debtor
Muaccel bir borcun zamanında ifa edilmemesi ve kural olarak alacaklının ihtarı ile borçlu temerrüde düşer. Temerrüt, temerrüt faizi ve gecikme zararı taleplerini doğurur; karşılıklı borç yükleyen sözleşmelerde alacaklıya aynen ifa, ifadan vazgeçip tazminat veya sözleşmeden dönme seçimlik haklarını verir.
Guides and Articles
Settlement Strategy with Turkish Commercial Debtors
How foreign creditors should structure settlement talks, payment plans and enforcement protection when dealing with Turkish commercial debtors.
Currency and Interest Issues in Debt Claims Against Turkish Companies
Foreign currency debts against Turkish companies can generally be claimed and enforced in their original currency, but conversion timing and applicable interest rates require careful handling to avoid loss on recovery.
Pre-Action Demand Letters to Turkish Debtors: Why They Matter Before Enforcement
A properly drafted demand letter to a Turkish debtor can trigger default interest, create a documented paper trail and sometimes open the door to mandatory mediation or settlement before formal enforcement begins.
Collecting Unpaid Invoices from a Turkish Company
A practical guide for foreign suppliers seeking payment from Turkish companies, covering evidence, enforcement, objections and legal strategy.
Payment Default Under the CISG in Sales to Turkish Buyers
How foreign sellers can assess payment default by a Turkish buyer under the CISG, including evidence, remedies, interest and collection options.
Interest Claims Under the CISG Against Turkish Buyers and Sellers
The CISG entitles a party to interest on any sum in arrears from a Turkish counterparty, but leaves the applicable rate to domestic law, making the choice of forum and governing law significant.
Related Legislation
- TBK m. 117
- TBK m. 120
- TBK m. 123
- TBK m. 125
Topic Map
- Related topics
- Statute of Limitations in Turkish Civil LawPenalty Clauses under Turkish LawEnforcement Without a Court JudgmentAdaptation of Contracts for HardshipAssumption of Debt
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