Assignment of Receivables
"Can future receivables be assigned?"
Quick Answer
A specific form of assignment where a creditor transfers their right to collect a debt to a third party. It must be executed in writing under Turkish Law.
Scope and Legal Distinctions
Assignment transfers a receivable rather than the underlying contract as a whole. Written form, contractual restrictions and the debtor's available defences require review.
What to Check in Practice
Identify each receivable, payment history and security; notify the debtor appropriately and document who may receive payment after the transfer.
Sources & Authorities
Statutory framework and official guidance for this definition.
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