Turkish Law in EnglishTÜRKİYE
Enforcement and Bankruptcy Law No. 2004

Article 255

If, after the closure of bankruptcy, it becomes known that there is an asset which remained outside the liquidation, the bankruptcy office shall take possession of that asset and, after selling it, the proceeds shall be distributed, without the need for any further formality, to the creditors who received less than their claims, according to their ranking.

The same rule shall apply to money previously deposited in a bank that has become available for disposal.

Where a doubtful right is in question, the bankruptcy office shall announce the matter to the creditors or notify them by letter, and action shall be taken in accordance with Article 245.

Time limit for the liquidation of bankruptcy:

Original Turkish text

MADDE 255

İflas kapandıktan sonra tasfiyeden hariç kalmış bir mal bulunduğu haber alınırsa iflas dairesi o mala vaziyed edip sattıktan sonra başka bir merasime hacet kalmaksızın bedelini eksik alan alacaklılara sıralarına göre dağıtılır.

Evvelce bankaya yatırılmış olupta tasarrufu kabil bir hale gelen paralar hakkında da hüküm böyledir.

Şüpheli bir hak mevzuubahis oldukta iflas dairesi alacaklılara keyfiyeti ilan eder yahut mektupla bildirir ve 245 inci madde mucibince muamele yapılır.

İflasın tasfiyesi müddeti:

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.