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Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired (‘Regulation') has been published in the Official Gazette numbered 31541 and ...

Against this background, any strategy for debt collection for foreign creditors should assess the enforcement track according to the nature of the claim, the assessment of recoverability, the debtor’s options to object to the payment or enforcement order, mandatory mediation and the litigation stage in resolving an objection, collection through attachment and electronic sale, and, for foreign creditors, the security deposit and collection following enforcement of a foreign judgment should all be assessed together.