Enforcement and Bankruptcy Law is the branch of law that determines how the judicial process that will be activated as a result of the demand or demands to be made in order to collect the debt from the debtor who does not or cannot pay the debt that is due to the creditor.
What is execution? ; In the meaning of the word, execution is the name given to all legal transactions carried out to collect any receivables. The institution that carries out the legal proceedings here is the Enforcement Directorate, and all the necessary procedures on your behalf are carried out by the experts here.
What is bankruptcy?; It is a forced liquidation procedure carried out by the bankruptcy bodies on all assets of the debtor for the purpose of collecting the receivables of the creditors. It is an opportunity given to the creditors to be followed by the bankruptcy of the persons subject to bankruptcy.