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Requesting Your Own Bankruptcy

Requesting Your Own Bankruptcy

TO THE CIVIL COMMERCIAL COURT

DEBTOR REQUESTING BANKRUPTCY: Name and Surname, Turkish ID Number

Address

SUBJECT: Request for a direct bankruptcy ruling due to the plaintiff’s insolvency.

EXPLANATIONS:

1. The plaintiff, ……. Ltd. Şti., has become unable to pay its debts due to the economic crisis. It has been unable to collect its receivables from its customers and has incurred significant debts to both its suppliers and banks.

2. We have made efforts to make payments in good faith, but due to the recent crisis, we have reached a deadlock. All our assets have been seized as a result of enforcement proceedings initiated against us. In the most recent enforcement proceeding conducted by the ……. Enforcement Directorate under file no. ……………. it was determined that there are no assets subject to seizure and that the company is insolvent, as evidenced by the seizure records and the Certificate of Insolvency issued by the Enforcement Directorate.

3. We are submitting a list of our company’s movable and immovable property, bank accounts, and other assets, as well as all of our debts. Our debts have long since exceeded our assets. Therefore, we are compelled to apply to your court to declare the company bankrupt.

LEGAL EVIDENCE: The company’s account records, balance sheet, asset declaration, certificate of insolvency, and all other legal evidence.

LEGAL GROUNDS: The Enforcement and Bankruptcy Law and related legislation.

CONCLUSION AND REQUEST: For the reasons explained above, we request that the case be accepted and that a decision be made to declare our company bankrupt. ../../..

Debtor

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