Search a country below for debt collection:
How to Instruct Us
We simply require the following details:
Full name & address of the debtor
All available contact details of the debtor i.e. contact name(s) / Tel / Mobile / Email(s)
Amount owed (Invoice(s) or Statement will help)
Or ask us to call you – just leave us your details:
Turkey Debt Collection – No Win No Fee
Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only.
Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:
The local International Debt collection Partners know:
The local cultures
Are in the same time zones
Herewith details of our debt collection service Turkey:
Location of debt recovery office in Turkey?
Yakuplu Merkez Mah., Hürriyet Cad., 67.Sokak, No:2, Ofis 10
All debt collection letters are sent by the local head office
Number of debt collection staff?
14 staff on the field, 14 lawyers and lawyer offices, 10 underwriters, Infoline and IT staff, administration.
Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors
How long have you been operating a debt recovery service in Belgium?
We have been operating a European debt collection service on a no win no fee basis in Turkey for over 10 years. Turkey is included on our debt collection agency list.
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates
Statue of Limitation in Turkey?
General statute of limitation is 10 years. However, statue of limitation is 5 years for the disputes regarding rental fees, retainer and agency contracts, contracts of construction. Statue of limitation is 2 years for the disputes arising from tort.
Turkey civil litigation statute of limitations is a law that time limits a plaintiff’s right to bring a claim against a defendant. The statute of limitations in Turkey is 10 years. However, if an action has been taken within this time then the statute of limitations time will be extended to account for this. Once the specified time period elapses then no action can be taken through the legal processes unless the plaintiff is able to prove exceptional circumstances. Other Statute of Limitations include:
Turkey Open Account Years – 10 years
Turkey Promissory Notes – 3 years
Turkey Written Contracts – 10 years
Turkey Oral Agreements – 10 years
How EU (European Union) laws effect debt collection in Turkey?
Although there are many European legislations, we can work with our national laws.
Turkey signed a free trade agreement (FTA) with the European Union (EU) in 1995 and this has been enforced since 1995. Turkey is also part of The European Union Customs Union (EUCU), which is a customs union that consists of all the member states of the European Union (EU) as well as a few other countries like Andorra through separate bilateral agreements. Turkey has been an applicant to accede to the EU since 1987 but since 2016 accession negotiations have stalled. Turkey borders two EU member states: Bulgaria and Greece.
How many companies registries in Belgium for businesses (i.e. UK has just 1 central registry)?
There is 1 company registry in Turkey which is called Union of Chambers and Commodity Exchanges of Turkey – Turkish Trade Registry Gazette located at Dumlupınar Bul.No: 252 (Eskişehir road 9.km) 06530 Ankara.
We have access to Turkey Company Registry searches to find out who further background information on all Turkey companies.
What is the debt collection process in Turkey?
In Turkey, our judicial system is part of civil law, so many of our laws are very similar with the law systems of Germany, Switzerland and Italy. So there is no jury system, one or three judges conclude lawsuits in case of dispute.
Our main way to solve disputes between private persons is to file a lawsuit. However, we have to apply mediation phase first before filing a lawsuit in labour issues and commercial disputes.
For debt collection, main way is to send execution order to counter party via execution offices. If your receivable is not derived from the court order or cheque and promissory note and thecounter party objects the execution order,
then the execution proceeding will be stopped and we need to file lawsuit for the cancellation of their objection. But if they don’t object, the execution order will be finalized and we have a right to seize their bank accounts, movable and immovables until we collect the all receivables.
Average length of time to collect a debt?
The average time taken to recover a Turkey B2B debt collection case varies from case to case but typically takes 1 month in Turkey.
Can late payment fees / interest to be added to claims?
You need to pay fees first when you want to enter judicial process. In case the court order ends up in your favor, counter party has to pay the fees and you can also add the interest of your claims when you push into default counter party with warning letter or/claim/execution order.
Details on legal service / process in Turkey?
The judicial system in Turkey is working slow (i.e. the finalization of lawsuits takes approx. 2-3 years) due to the quantity of lawsuits especially in metropolitan regions and number of officially qualified staff.
There are many obstacles, legal gaps and frequent law amendments in Turkish Legislation, so when you need to take any legal action, you should retain a lawyer to handle the whole process..
Turkey Business Credit Reports
Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Turkey Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.
Creditreform’s debt collection company service also uses expert local Turkey tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in Turkey which differ from the UK and therefore it is very important that cases are handled directly by our our expert international debt collection agencies and not from debt collections UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.
Turkey Debt Collection Partners in the following Turkish Cities
Who are the main trading partners for Turkey?
Which countries border Turkey?
What is the Supreme Court in Turkey?
The Supreme Courts for Turkey are called:
The Constitutional Court of Turkey (Turkish: Anayasa Mahkemesi - also known as AYM) was established in 1961 and is located at Ahlatlıbel, Çankaya, Ankara.
The Court of Cassation, officially called the Supreme Court of Appeals of the Republic of Turkey (Turkish: Türkiye Cumhuriyeti Yargıtay Başkanlığı – Yargıtay) was established on 6th March 1868 and is located in Ankara.
The Council of State (Turkish: Danıştay) was established in 1868 and is located in Ankara.
The Court of Jurisdictional Disputes (Turkish: Uyuşmazlık Mahkemesi) was established in 1945.