Release and Discharge from Debt

A request to sign a statement that no debt remains may have consequences different from issuing a receipt. Release is an agreement extinguishing a specified debt wholly or partly. The claims, periods, and parties covered must be understood before signing.

Release and Payment Records Differ

A receipt documents performance; release may extinguish debt without payment. The existence and scope of agreement are examined under Article 132 of the Turkish Code of Obligations. General settlement wording may also affect interest and ancillary claims. Relationships such as employee releases have special validity conditions beyond general rules. The signatory's authority must also be checked.

Scope and Counter-Performance Must Be Clear

Waiving the whole debt before instalments are paid may have an unintended result. Whether release is conditional and the consequences of debtor default must be clarified. Where several debtors exist, releasing one does not invariably affect others identically. Principal, suretyship, security, and instruments must be assessed with the agreement.

Which Records Matter in a Dispute?

Negotiations, the final account, payments, and reserved claims must be read together. Later regret alone does not invalidate a valid release. Allegations of mistake, fraud, or pressure have their own conditions and deadlines. Before signing, we separately identify claims being concluded and remaining open.

Documents That May Be Prepared for the Initial Review

• All versions of the release or settlement
• The account statement and payment documents
• Representative authority
• Negotiation correspondence

Submit Your Matter

File review and representation are paid services. Scope and fees are agreed in writing before work begins.