Arslan, RamazanBilgin, Hikmet2022-06-102022-06-102011http://hdl.handle.net/20.500.12575/81532In case of multiple creditors for a debtor in the law of quashing, the problem of the order in which these creditors would be satisfied shall rise. The matter of the way and order of sharing has to be clarified particularly in case property holding of debtor subjected to compulsory execution is not sufficient to pay all monetary claims. At this point, creditors are divided into several categories according to the nature of their monetary claims and warranties they hold in accordance with the system specified in the Law of Enforcement and Bankruptcy concerning the way of settling a conflict of interests which has risen among multiple creditors to whom the debtor addresses. In this framework, any monetary claims guaranteed with collateral guarantee shall have the right of priority as a rule. In addition, there are also preferential monetary claims specified in some special laws by the Law Maker for different reasons. As a matter of fact, a number of material law norms may be mentioned in addition to the law of enforcement and bankruptcy, and these norms comprise the rules of privilege, preference or priority rights concerning different types of monetary claims. Therefore, some monetary claims are granted privilege both in the law of quashing and various codifications of the material law, so these monetary claims are aimed to be protected.Even though subjecting monetary claims to a certain sort order seems as contradictory with the principle of equality, implementation of relative equality rather than absolute equality shall give more justly results in order to strengthen the collection capability of some monetary claims. In this framework, our thesis studies on the sort order specified in the Law of Enforcement and Bankruptcy, Article 206. According to fundamental principle adopted in principle by the Law of Enforcement and Bankruptcy, privileged and pledged monetary claims should paid before unsecured debts; then preferential debts specified in special acts should be paid. Then, remaining sum shall be reserved to be distributed to unsecured debts in form of 4 sort orders in the order list to be arranged in the Law of Enforcement and Bankruptcy, Article 206.trHaciziflasmasterThesis