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What Is Enforcement Proceedings? What Are The Types Of Enforcement Proceedings?

If a debtor fails to pay his/her debt for some reason, the legal proceedings initiated by the creditor through the enforcement offices in order to collect his/her receivables by the state is called enforcement proceediings.

Execution proceedings are of two types: with and without judgment.

Enforced enforcementt proceedings refer to the enforcement proceedings initiated due to the decision of any court.

In execution proceedings without judgment, it is called the type initiated by the creditor to collect its receivables as a result of the application to the enforcement office without a court decision.

In enforcement proceedingss specific to bills of exchange, first of all, the enforcement office records valuable documents such as checks and promissory notes that are subject to payment. If the promissory note meets the validity requirements and the promissory note is due for payment, a warning letter is sent to the debtor to pay the debt by preparing a payment order.

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