If the bank debt is not paid imprisonment comes? Can I get a prison sentence if the bank debt is not paid? If the debts aren’t paid, is there a prison sentence? Information about the imprisonment for bank debts and information about the 2018 commitment violation laws continue in our article. Today, the number of people who do not work with banks is quite low. When this is the case, the number of people who have problems with banks is just as many.
Few people who do not have problems with the bank
In short, there are few people who do not have problems with the bank. These people may have problems using the products of banks and may have disruptions in their payments. What are the sanctions in such cases? When this is the case, people think that if the bank debt is not paid, imprisonment comes. Is there a prison sentence when the bank debt is not paid? Is there a prison sentence for bank debts? You can read our article until the end.
If the debt is not paid the Bank will be imprisonment?
First of all, you need to know if you are in the legal follow-up process of the banks . If your debt to a bank is unpaid and enters into legal proceedings , the bank will call you very soon. Perhaps you can also call an asset company for a debt that has passed through time. In such cases, it will always be advantageous to be cool. When the bank or lawyer calls you, they will ask you to pay your debt within 7 days. During this interview, you can ask if you have the ability to pay and whether you have installment options. If your bank or attorney gives you the option to pay your debt, you will not have any problems if you pay on the specified dates.
However, if you have done all of these transactions and you still can not pay your debt, the lawyer will go to question your assets and learn the assets you want to collect the debt in this way. If you don’t have any immovable property and you are insured, your bank salary will be foreclosed . This amount is determined not to exceed 1/4 of your salary and is deducted from your salary monthly.
If the loan debt is not paid home foreclosure income?
However, if you do not have an insured job and salary and the bank cannot collect your debts in this way, we can say that there is still no situation to be feared. No one can restrain you from your freedom because your bank debt is not paid. As stated in Article 38, Paragraph 8 of the Constitution of the Republic of Turkey ,No one shall be deprived of his liberty solely on the ground that he is unable to fulfill a contractual obligation yer.
“ No one shall be deprived of his liberty solely on the ground of inability to fulfill a contractual obligation ”
Caution: Do not relax immediately after this point! If you have entered into an agreement with the bank and signed papers before you read them, this may result in imprisonment. Even if you have difficulty paying for it, do not sign it until you have read any documents placed in front of you. Even if the bank employee uses such words for this configuration, read it yourself and if there is anything that makes sense, consult your lawyer! Never sign under the papers you do not know the content of without consulting the lawyer!