Akkas & Associates Law Firm is a globally recognized Turkish bankruptcy debt recovery law firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish bankruptcy debt recovery lawyers are prepared to handle debt recovery cases. Our debt recovery lawyers have a wide range of experience in Turkish insolvency proceedings. We have represented both domestic and foreign clients in numerous bankruptcy cases in Turkey.
Our Turkish bankruptcy and debt recovery law attorneys have vigorously asserted creditor’s claims in a wide range of cases involving such debtors as shipyards, bio-tech companies, real estate developments, and textile manufacturers. We have successfully represented not only secured creditors, but also lien holders and unsecured creditors. For example, Akkas & Associates attorneys have successfully marshaled the debtor’s assets for the benefit of a lien creditor. Our bankruptcy attorneys have also represented numerous clients in cancelation actions in fraudulent conveyance actions.
Turkish Bankruptcy and Debt Recovery Law Proceedings
In addition to adversary proceedings, Akkas & Associates attorneys have also counseled clients on a wide range of insolvency-related issues, including the merits of different types of insolvency proceedings, how best to protect themselves when doing business with a financially troubled entity, and lender liability. We have also advised clients in connection with purchases of debtors’ assets, tax issues arising from insolvency proceedings, and environmental issues related to acquisitions of debtors’ assets.
Our debt recovery lawyers have substantial experience in providing efficient and useful advice to clients to assist them to recover money owing in Turkey. All debt needs to be scrutinized, assessed and an action plan started to ensure you are not working without appropriate reward. Akkas & Associates lawyers in Turkey can assist you with implementing such an action plan.
Recover Your Hard-Earned Money
Many small businesses go under due to poor debt handling practices. Maintaining cash flow, ensuring your viability and ensuring money is coming in when due to you is why you are in business and how you stay in business. It has never been more relevant for businesses to be completely aware of how debt can impact on their enterprise. We only need to look at the TV and papers as to what is happening in the global economy to see the impact that debt has had on the world and the disastrous affect resulting to people’s financial wellbeing.
Letter of Demand – The Starting Point
A letter of demand does not need to be a work of art. It simply needs to get across the details of the amount being claimed with sufficient certainty that the person who receives it is in no doubt as to the amount and the details of the claim and where and when it is to be paid. If the debtor is a company, then a statutory demand, being a formal notice under the Execution and Bankruptcy Act.
Agreed Fees – No Surprises
As with all the services we provide, we provide estimates before we undertake any work which sets out how we charge for any particular matter and how much can be expected to be paid, and just as importantly, how much you can get back if you are ultimately successful in your action.
Reach our Turkish Bankruptcy Debt Recovery Lawyers
Since its foundation in 1992, Akkas & Associates Turkish Law Firm has been the choice of numerous clients in Istanbul, Turkey. Thanks to its nationally recognized bankruptcy & debt recovery practice, our firm is now one of the leading law firms in Istanbul, Turkey. You may reach our Turkish bankruptcy debt recovery lawyers through our Contact page.