3 Flow Stage Updates in Our Debt Portfolio
As part of our monthly update cycle, we are sharing the latest progress in legal proceedings for selected Debts within our portfolio. These changes reflect meaningful steps forward in the debt recovery process and are part of our broader strategy to keep investors informed about the legal lifecycle of each asset.
Below are the legal stage changes that took place this June:
🏠 R019 – House at Carrer Cingles
Previous Status: Opposition
Current Status: Auction Initiated
What this means: The Lending Company requests the court to initiate an auction of the real estate collateral. The court sets the date and publishes information about the upcoming auction.
🏠 R029 – House at Carrer del Bages
Previous Status: Court Claim Applied
Current Status: Cargo Certificate
What this means: The Spanish Association of Property Registration issues a certificate for the court confirming all registered legal liabilities on the property.
🏢 J048 – Apartment in Roquetas de Mar
Previous Status: Court Claim Applied
Current Status: Cargo Certificate
What this means: The Spanish Association of Property Registration issues a certificate for the court confirming all registered legal liabilities on the property.
Where Can I Find Whether Flow Changes Impact My Portfolio?
To check whether these Flow updates impact you as an investor and your portfolio, as well as to understand your current exposure to these Discounted Debts, visit the Indemo platform and check the Notifications and Portfolio sections.
We remain committed to full transparency and will continue sharing monthly legal updates as more cases advance through the courts. Thank you for your continued support and confidence in our process.
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