Transition from the postponement of bankruptcy process to the process of bankrupt's certificate under the law no 7101

With the Law No. 7101, postponement of bankruptcy has been completely abolished and instead, Scope of the provisions of bankrupt's certificate, with some structural changes, has been improved.Some rehabilitation studies that are related to bankruptcy and commercial law, designed itself just like re-activating the process of bankrupt's certificate. In terms of debtors, the execution of bankrupt's certificate has come into prominence and has become an active institution.In this study, some expository information and proposals are presented in order to eliminate possible uncertainties during the process of bankrupt's certificate that are results of structural changes. The aim of this study is to examine the bankrupt's certificate which will take place of postponement of bankruptcy. In this study, the postponement of Bankruptcy process has been analyzed in detail and compared to the bankrupt's certificate. This study aims to contribute to the field as this is a new topic in the area. In this study, the similarities and the differences between the articles related with postponement of the bankruptcy in the Law no 2004 and the articles related with the bankrupt's certificate in the Law no 7101 are presented. There are also some proposal about the applicability of the bankrupt's certificate.