If the creditor cannot collect his receivable from the debtor due to a transaction, he can pursue his
receivables through legal means by applying to the Enforcement Directorate.
In legal language, this is called enforcement proceedings.
In such a case, the Enforcement Directorate sends a letter to the debtor to pay the debt after the
necessary examinations.
This letter is also called an execution order or notification in the legal language.
The execution order is a payment order and includes the period for the payment to be made.
In the execution order issued by the Enforcement Directorate and sent to the
debtor, the name and address of the creditor, the name and address of the debtor, the amount of
the debt, the interest rate to be processed, and the interest start date are included.
By making a notification, the Enforcement Directorate gives the debtor time to exercise their legal rights. If the debtor thinks that he has no debt,
or thinks that the debt amount is wrong, or
claims that the debt has already been paid, he can stop the enforcement proceedings by using his
legal rights within the period given in the enforcement order.
If the legal rights have not been exercised or the debt has not been paid within the period given by
the Enforcement Directorate, in this case, the foreclosure process is initiated.
Seizure is the process
of determining the amount of assets sufficient to meet the amount of the debt and keeping a
report under the supervision of the Enforcement Officer.
In other words, with the lien,
the debtor’s movable and immovable properties by force of the state, based on the demand of the
creditor.
Within the legal system, all companies carry out their activities in accordance with legal regulations.
However, due to various negativities,
they sometimes have difficulty in receiving their receivables from individuals or organizations.
This causes them to suffer financial loss. Companies that cannot
receive the receivables they deserve, will seek their rights through the legal ways described above,
But the important thing here is to determine the address of the debtor.
Otherwise, an enforcement proceeding or foreclosure will not be possible.
Large companies can make progress in this regard with their employees, but still, at the point where
they are insufficient, getting service from a detective agency or research company is the best way to save time.
they get results in a short time.
Today, the most demanded subject among research requests is enforcement research. On the one hand, the subject requires knowing the legal regulations; on the other hand, it
requires concluding by making use of even the smallest clues.
Since the person subjected to enforcement proceedings will already be aware of the situation long
ago, he will transfer some of his assets to others with his efforts and will try to hide himself. In this regard, research assistants will conduct executive research by knowing how to use the clues.
For the enforcement proceedings to run smoothly, it is necessary to determine the address
of the debtor, to investigate the assets registered on it, to reveal the transfers of goods made
before and after the notification. When the creditor persons or organizations proceed to
enforcement proceedings with this information and documents, they will get faster and more
accurate results.
As a result, enforcement proceedings and foreclosures are undesirable and have unpleasant consequences.
But in terms of the law of obligations,
If he does not pay, he will suffer the consequences. Research institutions start working immediately upon
the demands of the creditors who are in difficulty and share the results with the creditors in a short
time.
You can always apply to our company to learn about the doubts about research services or to get a
service on enforcement research.
