The article by Raymundo Larraín Nesbitt is well-documented by does not make any mention of the ability of Spanish creditors to pursue debts of residents and nationals of non-EU countries such as the USA, Turkey, Morocco or others.
Although Spanish lender can in theory pursue bad debts across EU borders I have yet to hear of a case of it happening. I guess it depends how big the debt is. Another option is for the lender to sell the loan to a debt-collection agency in the home country, but I haven’t heard of that happening either.
Debt collection outside the EU is even more complicated and costly. In the majority of cases I would expect the lender to write off the debt, rather than try and pursue a claim in the places you mention like Turkey or Morocco (but perhaps no the USA). The costs will often outweigh the likely payoff.
Everything you need to know about property in Spain
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