In terms of both real and legal persons, commercial activities have burdens as well as gains and blessings. As a result of enduring these burdens, businesses sometimes fall into economic difficulties even if they are well managed and may have to face the bankruptcy process. Legal regulations regarding execution of enforcement proceedings and bankruptcy proceedings are very strict. Bankruptcy processes lead to the complete destruction of commercial enterprises, and it is not always possible for creditors to collect their receivables. For this reason, in addition to the bankruptcy processes, there are some alternative ways instead of bankruptcy so that the commercial enterprise can continue its life and pay its debts. It is necessary to get tailored legal support for measures like restructuring, postponement of bankruptcy, concordat, liquidation, and similar issues by managing processes with alternative solutions to bankruptcy. Getting legal assistance regarding these processes is important for businesses in terms of survival of businesses and managing these processes with minimum damage. 

As the Bosphorus Legal Partners team, we ensure that the necessary procedures are carried out both for the collection of the receivables and the execution of the proceedings and the protection of the rights and interests in the execution and bankruptcy proceedings initiated against our clients. We also carry out both formal and informal processes regarding the bankruptcy procedure with creditors, conducting negotiations with the counterparties, canceling the objection in case of disagreement between the parties regarding the existence and amount of the debt, removing the objection and representing the creditors and debtors in negative clearance cases. In addition, we provide consultancy services to our clients with our experienced and dynamic lawyer staff in all matters related to enforcement and bankruptcy law, such as representation of creditors or debtors in cases such as objection to signature, objection to debt and compensation cases, restructuring of individual receivables and debts to companies or individuals in the restructuring process, and we represent our valued clients meticulously in all kinds of legal disputes that fall under the scope of execution, enforcement and bankruptcy legislation.