Changes in Seven DDI's Flow Stages
We're excited to share some important updates regarding the stages of certain debts in our portfolio. Seven Discounted Debts listed on Indemo have recently changed their Flow stages.
Debt Stage Updates:
A69 - House in Riba-roja de Túria
- Previous Status: Court Decision
- New Status: Opposition
- Description: If either party is dissatisfied with the judge's ruling, they can file an appeal to a higher court and request a review of the decision. It is possible to appeal only once.
R026 - House at Calcopirita
- Previous Status: Application Received
- New Status: Cargo Certificate
- Description: The Spanish Association of Property Registration issues a certificate for the court confirming all registered legal liabilities on the property.
J036 - Flat at Calle Noguera
- Previous Status: First Notification
- New Status: Court Claim Applied
- Description: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
R077 - House in Les Franqueses del Valles
- Previous Status: First Notification
- New Status: Court Claim Applied
- Description: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
J061 - Apartment in Fuenlabrada
- Previous Status: First Notification
- New Status: Court Claim Applied
- Description: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
J065 - House in Camas
- Previous Status: First Notification
- New Status: Court Claim Applied
- Description: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
J040 - Apartment in Cambrils
- Previous Status: First Notification
- New Status: Court Claim Applied
- Description: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
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.
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