Basic and Renewal Training for Bankruptcy Administration Officials

The basic training for bankruptcy administration, which includes the theoretical and practical knowledge required for the execution of the bankruptcy administration duty, is taken by individuals who have gained five years of professional seniority.

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  1. The Bankruptcy Administration Basic Training, which covers the theoretical and practical knowledge required to perform the duties of a bankruptcy administration officer, is taken by individuals who have gained five years of professional seniority.
  2. Basic training covers: fundamental concepts, institutions, and general principles of civil procedural law, enforcement and bankruptcy law, and commercial law; enforcement and bankruptcy legislation; business management and crisis management in enterprises; general economics; basic concepts of finance and fees; basic concepts of accounting; analysis of financial reports and business activities; qualifications, duties, authorities, obligations, and legal and criminal liabilities of the bankruptcy administration officer; management of the bankruptcy liquidation process; writing procedures and techniques for reports, minutes, and documents to be prepared during the process; and other subjects deemed necessary by the Department.
  3. Basic training consists of at least thirty-six lecture hours, with eighteen hours dedicated to law and eighteen hours to accounting, finance, and business management. Educational institutions may increase the basic training hours with the approval of the Department.
  4. A bankruptcy administration officer who has completed the basic training is required to attend a renewal training of no less than twelve hours during the third year after the date of registration on the list. Renewal training covers: qualifications and duties of the bankruptcy administration officer; performance of the duties; current developments in bankruptcy administration; problems encountered during activities and practical training aimed at evaluating solution proposals through case studies; and other subjects deemed necessary by the Department. Bankruptcy administration officers who do not attend the renewal training cannot re-apply until they receive this training.
  5. Those who hold the title of professor, associate professor, or doctor in the fields of civil procedural law, enforcement and bankruptcy law, civil law, commercial law, business administration, economics, finance, and accounting are exempt from the bankruptcy administration basic and renewal training.
  6. Face-to-face education method is applied in the trainings. Each lecture hour is 50 minutes. The break time between lectures cannot be less than 10 minutes. Block lectures are not allowed. No more than ten lecture hours of training can be provided in one day.
  7. Attendance at the training sessions is mandatory. Educational institutions shall prepare a schedule showing the attendance of participants, and those who do not attend 1/12 of the lectures will be dismissed from the training program.
  8. Training programs are conducted with a maximum of 30 participants per class.
 

Please click here to apply for the Bankruptcy Administration Basic Training.

16.02.2025 21:45

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