Bankruptcy itself is also only available for merchants as well, at least in principle. Only a person recognized as merchant by the Commercial Code is eligible for bankruptcy. Since commercial partnerships are merchants in nature, they are eligible for bankruptcy. Simple partnerships lack legal personality; therefore, they cannot be subjected to bankruptcy, but the partners may. Under some circumstances, partners of general partnerships (kollektif şirket) and limited partnerships (komandit şirket) may also be eligible for bankruptcy.