Restructuring, Enforcement and Bankruptcy

Restructuring, enforcement and bankruptcy law, and debt collection require the proper management of legal processes faced by individuals and companies in financial difficulties. Enforcement proceedings, bankruptcy and concordat processes, and steps for debt restructuring often require both technical and strategic evaluation. For this reason, in this field, we attach importance not only to operating legal avenues but also to carefully addressing the economic and commercial consequences of the process. 

We provide legal support to our clients in debt collection and in enforcement, bankruptcy, concordat, and restructuring processes. In this context, we follow processes such as enforceable and unenforceable enforcement proceedings, attachment procedures, wage garnishments, bank account garnishments, lifting of attachments, and converting pledges into cash. For each file, we focus on determining the most appropriate legal path by evaluating the nature of the receivable, the debtor's situation, and collection possibilities together. 

We also provide comprehensive support to our debtor and creditor clients in bankruptcy and concordat processes. Bankruptcy lawsuits, concordat applications, temporary and definitive respite periods, and restructuring negotiations are among our activities in this scope. In addition, we provide consultancy on the measures companies should take regarding capital loss and insolvency within the framework of Article 376 of the Turkish Commercial Code. Protecting the financial structure, taking necessary decisions in a timely manner, and managing risks before they escalate are of particular importance in these processes. 

In files involving disputes and collection, we address desk-based legal assessment together with actual follow-up and implementation processes. In disputes arising from asset transfers, out-of-court restructuring negotiations, and processes related to companies in financial difficulties, we strive to develop appropriate and applicable solutions for the specific situation. Our aim is to provide our clients with support that is not only legally correct but also effective and conducive to achieving results in processes related to restructuring, enforcement, and bankruptcy law. 

The services we provide in the field of restructuring, enforcement, and bankruptcy law cover the following stages: 

• Debt collection Enforceable and unenforceable enforcement proceedings 
• Attachment procedures 
• Lifting of attachment 
• Wage garnishment 
• Bank account garnishment 
• Converting pledges into cash 
• Bankruptcy lawsuits 
• Concordat applications 
• Temporary and definitive respite periods 
• Out-of-court restructuring negotiations 
• Debt restructuring 
• Disputes arising from asset transfers 
• Capital loss and insolvency assessments within the scope of TCC Art. 376 
• Legal consultancy for companies in financial difficulties 
• Representation of debtors and creditors