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Post by angryumpire on Mar 11, 2010 16:41:04 GMT 2
An Ankara man has been served a bailiff’s notice for a 1 Turkish Kurus debt that has now ballooned to 504 liras with interest. Hakan Polat received the note at his home for the 1 kurus debt on a credit card bill he thought he had paid. Although Polat cancelled the credit card, his bill with interest now stands at more than 500 liras. The process began in 2007 when Polat paid a 2,900-lira credit card bill to a bank before cancelling the card. The man was shocked when he received a notice on March 5, 2010 stating that he still had a “0.01 lira” (1 kurus) debt to the bank, compounded by three years of interest. The bank had calculated the interest for the single kurus at 480.66 liras over the three years, adding 24.03 liras to the amount for the banking and insurance transactions tax, or BSMV. The bailiff has granted Polat seven days to pay his debt. The note also said he has the right to object to the debt, but in the event he does not notify the Bailiff’s Office either in written or oral form, a prison sentence could result.
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