1. Costs – No Win No Fee!

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only.

2. Coverage in Turkey

We cover all 81 provinces in Turkey. Our central office is based in Istanbul which is the biggest province within Turkey (over 14 million).

3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors’ language. The official and most widely spoken language is Turkey but there are other languages spoken such as Kurmanji, Arabic and Zazaki. Our Turkish office understands the local cultures and know all the legal processes. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Turkey

2 years but there are many special exemptions so whatever the age please contact us and we will advise if we can assist with your claim

How to Instruct Us

We simply require the following details:

PLEASE CALL US ON 0121 442 5330 FOR FURTHER DETAILS

Or ask us to call you – just leave us your details:

 




Turkey Debt Collection Services – No Win No Fee

Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only. All our international offices and partners initiate the collection processes by sending the debtors a debt collection letter to introduce their involvement.

Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:

The local International Debt collection Partners know:

  1. The local cultures
  2. The best methods of initiating debt recovery letters and processes
  3. The languages
  4. The laws
  5. Are in the same time zones

Herewith details of our debt collection service Turkey:

Location of debt recovery office in Turkey?

Yakuplu Merkez Mah., Hürriyet Cad., 67.Sokak, No:2, Ofis 10
TR-34524 Beylikdüzü/İSTANBUL

All debt collection letters are sent by the local head office

Number of debt collection staff?

14 staff on the field, 14 lawyers and lawyer offices, 10 underwriters, Infoline and IT staff, administration.

Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors

How long have you been operating a debt recovery service in Turkey?

More than 10 years now

What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?

We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.

Statue of Limitation in Turkey?

General statute of limitation is 10 years. However, statue of limitation is 5 years for the disputes regarding rental fees, retainer and agency contracts, contracts of construction. Statue of limitation is 2 years for  the disputes arising from tort.

What is the debt collection process in Turkey?

In Turkey, our judicial system is part of civil law, so many of our laws are very similar with the law systems of Germany, Switzerland and Italy. So there is no jury system, one or three judges conclude lawsuits in case of dispute.
Our main way to solve disputes between private persons is to file a lawsuit. However, we have to apply mediation phase first before filing a lawsuit in labour issues and commercial disputes.
For debt collection, main way is to send execution order to counter party via execution offices. If your receivable is not derived from the court order or cheque and promissory note and thecounter party objects the execution order,
then the execution proceeding will be stopped and we need to file lawsuit for the cancellation of their objection. But if they don’t object, the execution order will be finalized and we have a right to seize their bank accounts, movable and immovables until we collect the all receivables.

Can late payment fees / interest to be added to claims?

You need to pay fees first when you want to enter judicial process. In case the court order ends up in your favor, counter party has to pay the fees and you can also add the interest of your claims when you push into default counter party with warning letter or/claim/execution order.

Details on legal service / process in Turkey?

The judicial system in Turkey is working slow (i.e. the finalization of lawsuits takes approx. 2-3 years) due to the quantity of lawsuits especially in metropolitan regions and number of officially qualified staff.

There are many obstacles, legal gaps and frequent law amendments in Turkish Legislation, so when you need to take any legal action, you should retain a lawyer to handle the whole process.

Turkey Business Credit Reports

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Turkey Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

Turkey Tracing Agents

Creditreform’s debt collection company service also uses expert local Turkey tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.

Turkey Business Credit Reports

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Turkey Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

Turkey Tracing Agents

Creditreform’s debt collection company service also uses expert local Turkey tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.

Specialist Debt Recovery Experts

There are many unique requirements to recovering international debts in Turkey which differ from the UK and therefore it is very important that cases are handled directly by our our expert international debt collection agencies and not from debt collections UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.

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“We are pleased with the friendly and efficient service of Adrian Harding and staff at Creditreform in collecting outstanding overdue debts on our behalf. Some accounts, especially those located overseas have been difficult customers but we are pleased with the high rate of success. We also appreciate that they keep us informed and constantly updated on the progress of the collection”
Bryan de Beer, Phoenix Fragrances
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“Within 48hrs of Creditreform being involved a resolution was agreed and within the week paid in full. The professionalism of the Creditreform team was second to none and I would and indeed do recommend them to colleagues in a similar difficult position This situation was the first time we have had to employ a company for debt recovery and it was good to feel that you have someone else ‘on your side’.”
Dean Lake, Lake Contracts
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“We have been using Credit Reform for a number of years now and we have always been dealt with in a professional and friendly way. Over time, Creditreform have managed to achieve good results for us. Would definitely recommend.”
Anna Zhakrova, Catering Hygiene Specialists Ltd
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“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial