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Turkish Regulation Enabling Debtors to Sell Their Own Seized Property Entered into Force
As elaborated in our previous article, significant amendments were introduced into the Bankruptcy and Enforcement Code numbered 2004 ["BEC"] on…
Debtor must apply to enforcement office
Enforcement court approval is
Ministry of justice
Enforcement code
Debtor sale authorization
Official gazette
Sale authorisation
Must apply
Enforcement office within
Must sell
Property within
Approval is needed
Aw firms
Aw updates
Egal updates
Egal developments
Turkish Regulation Enabling Debtors To Sell Their Own Seized Property Entered Into Force - Insolvency/Bankruptcy
According to the Turkish BEC, sequestration officer determines the value of the seized property after seizing it. Registered properties, however, is appraised by experts authorized by the Ministry of Justice.
Debtor must apply to enforcement office
Enforcement court approval is
Ministry of justice
Enforcement code
Debtor sale
Official gazette
Sale authorisation
Must apply
Enforcement office within
Must sell
Property within
Approval is needed
Turkish regulation enabling debtors to sell their own seized property entered into force
Insolvency bankruptcy re structuring
Insolvency bankruptcy
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