The document showing that the debtor does not have enough property for the legally followed payment is called insolvency certificate. This document is issued by the enforcement office. From the point of view of the creditor, it is the document given to the creditor by the enforcement office for the unpaid portion of the receivable as a result of the execution proceeding. In the content of the insolvency document; The creditor’s remaining receivable amount, interest and follow-up expenses and execution file expenses are included.<\/p>\n
In order to issue a certificate of insolvency, the execution file is first opened. The Enforcement Office examines the goods subject to seizure and issues this document if the related goods cannot cover the debt. It is divided into two types:<\/p>\n
It is a document of insolvency that is given during the lien and is not yet final. This document does not include whether the debtor’s assets will cover the debt, as this will only be finalized as a result of the sale. An action for annulment can be filed against the temporary insolvency certificate. After the lien is finalized, this document is converted into a permanent document if necessary.<\/p>\n
If the debtor has no property to meet the lien, that is, if the debtor has no property to be seized, a permanent insolvency certificate is issued to the debtor. In this case, the document is not issued separately for the creditor. This document is issued to both the debtor and the creditor for the debt remaining after the sale of the debtor’s confiscated goods. Thus, the remaining debt is followed up.<\/p>\n","protected":false},"excerpt":{"rendered":"
What is Certificate of Insolvency? The document showing that the debtor does not have enough property for the legally followed payment is called insolvency certificate. This document is issued by the enforcement office. From the point of view of the creditor, it is the document given to the creditor by the enforcement office for the […]<\/p>\n","protected":false},"author":1,"featured_media":90449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[539],"tags":[],"class_list":["post-91671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-turkey-real-estate-dictionary"],"_links":{"self":[{"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/posts\/91671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/comments?post=91671"}],"version-history":[{"count":0,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/posts\/91671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/media\/90449"}],"wp:attachment":[{"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/media?parent=91671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/categories?post=91671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emlakey.com\/en\/wp-json\/wp\/v2\/tags?post=91671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}