Turkey | Do Foreign Creditors Need to Be Physically Present in Person (Or by Their Employees) To Bring Proceedings Locally to Turkey?
No, there is no need for the creditor to be physically present in person to bring proceedings locally.
Q&A GLOBAL
The Q&A Global is a special column run by CJO Global, and serves as a knowledge-sharing platform to facilitate peer learning and networking, and to provide the international business community with a global landscape of this industry.
Germany | Are Amicable Debt Collections Allowed in Germany? What Are the Main Restrictions?
Yes, amicable debt collections are allowed in Germany.
Turkey | Can the Creditor Claim From the Debtor for Costs of Debt Collection in Turkey?
It depends on whether the debt is collected through amicable debt collection or legal actions.
Turkey | What Property Traces of the Debtor Are Available to Creditors in Turkey? What Are the Common Ways of Investigating Property?
Traces and investigation are crucial for the creditor on both amicable and legal stage in Turkey.
Turkey | What Is the (Main) Payment Method for Debtors to Pay Their Debts in Turkey? What Kind of Regulation Do the Authorities Have On That Payment?
Parties of a debt relation may determine the way of payment by either written or verbally, both may be before or after the debt arise.
Turkey | Are Amicable Debt Collections Allowed in Turkey? What Are the Main Restrictions?
Yes, amicable debt collections are allowed in Turkey.