THE RIGHT OF CREDITORS AND TRUSTEE IN BANKRUPTCY OF THE STATUTORY HEIRS WHO HAVE RESERVED PORTION, TO RAISE AN ACTION FOR REDUCTION (TCC. ART. 562)

The right of creditors to raise an action for reduction is regulated in Turkish Civil Code. To raise an action, creditor should have the insolvency evidence or heir should be bankrupted. While the insolvency evidence should exist at the time of inheritance, bankruptcy can take place later. There is no restriction in the Code in terms of type of insolvency evidence or reasons for bankruptcy. On the other hand, creditor shouldn’t be granted to raise an action in temporary insolvency evidence and in cases of bankruptcy where there is no real insolvency. If heir doesn’t raise an action or doesn’t properly execute the action he raised, creditors can raise an action. Creditors can participate in the action with heir, who doesn’t properly conduct the action for reduction. The same applies to heir, who doesn’t claim the exceptio of reduction, in the action raised by third party.