1st Edition

Making Foreign People Pay

By Ali Cem Budak Copyright 1999
    380 Pages
    by Routledge

    380 Pages
    by Routledge

    First published in 1999, Making Foreign People Pay deals with the recovery of monetary claims in cross-border legal relations and contains the results of a comparative empirical research of debt recovery procedures of three countries with different socio-legal environments, Germany, England and Turkey. In order to analyse judicial debt recovery of cross-border claims, court statistics and files have been evaluated. The data show an infrequent use of the courts in all three countries. It seems that legal efforts aiming at facilitating international procedures have not been successful. But court procedures for the recovery of monetary claims are now to a large extent interchangeable with what may be called ‘privatised methods of debt collection’, including modern financial services such as factoring, forfaiting and commercial debt collection. Empirical evidence shows that such privatization of debt collection is a strong trend in cross-border debt collection. The book is an empirical contribution to the ongoing discussion of globalization processes and describes an important field of the globalization of law.

    Part 1. Public Enforcement: Judicial Methods of Debt Collection. 1. Debt Recovery in Germany. 2. Debt Recovery in England. 3. Debt Recovery in Turkey. 4. Results of the Comparison between German, English and Turkish Debt Recovery Law. 5. Role of Lawyers in Cross-Border Debt Collection. 6. Recourse to National Courts in Cross-Border Debt Collection. 7. Factors Impeding Access to Justice in Cross-Border Debt Collection. 8. Conclusions for Part I. Part 2. Private Enforcement: Extra-Judicial Methods of Debt Collection. 9. Routinisation and Privatisation of Debt Collection. 10. Commercial Cross-Border Debt Collection in Germany. 11. Commercial Cross-Border Debt Collection in England. 12. Business Organisations of Debt Collection Agencies. 13. Conclusions for Part II. Part 3. Collection of Debts and Management of Credit Risks in International Trade. 14. Collection and Security Methods Employed in International Trade. 165. A Survey of the Collection and Security Methods used by Exporters. 16. Conclusions for Part III.

    Biography

    Budak, Ali Cem