Indemo's Eleven Flow Stage Updates
As part of our monthly updates, we are sharing the latest developments in legal proceedings for selected debts in our portfolio. These updates summarize the key procedural movements across cases and reflect our commitment to transparency throughout the recovery lifecycle.
Quick Overview
The Updates
This month, several cases advanced within the legal process. Below is a summary of each asset that recorded a change in legal stage, including both the previous and current steps.
🏡 J049 – House in Fines
Previous Status: Claim Preparation (Step 1)
Current Status: Claim Filing (Step 2)
What this means: The claim is being submitted to the court.
🏢 J053 – Apartment in Vic
Previous Status: Claim Filing (Step 2)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏢 J054 – Apartments in Igualada
Previous Status: Claim Filing (Step 2)
Current Status: Court Decision Opposition (Step 8)
What this means: The court makes a decision regarding the opposition and informs the parties accordingly.
🏡 J059 – House in Arroyomolinos
Previous Status: Claim Filing (Step 2)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏡 J065 – House in Camas
Previous Status: Claim Filing (Step 2)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏢 J068 – Apartment in Santa Cruz de Tenerife
Previous Status: Claim Preparation (Step 1)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏡 R001 – Apartment in Palafrugell
Previous Status: Closing the Auction (Step 15)
Current Status: Claiming Court-Ordered Payment (Step 16)
What this means: If the auction is won by a third party, the court receives the funds and then transfers the proceeds to the creditors.
🏡 R015 – Townhouse at Av Almendros
Previous Status: Claim Acceptance (Step 3)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏡 R024 – House at Calle Jaraco
Previous Status: Appeal (Step 9)
Current Status: Auction Preparation (Step 10)
What this means: Creditor, debtor, or third-party possessor ask the Court for the initiation of the auction.
🏡 R089 – House in Castellar del Valles
Previous Status: Claim Filing (Step 2)
Current Status: Cargo Certificate Collection (Step 4)
What this means: The Court requests from the Property Registry a certificate that includes every lien on the property to make sure the mortgage exists and the amount that it covers.
🏡 R100 – House in Vacarisses
Previous Status: Cargo Certificate Collection (Step 4)
Current Status: Opposition Filing (Step 6)
What this means: The debtor files an opposition to the claim.
These updates reflect continued movement across a diverse set of assets. We will continue monitoring every case actively and will report further developments as they occur in future monthly updates.
Stay Tuned!
We will continue to monitor all ongoing cases closely and provide regular updates on their progress. Our commitment to transparency ensures that investors remain fully informed about each stage of the debt recovery process, from initial legal action through to final resolution. By maintaining this level of visibility, we aim to strengthen confidence in the management and recovery of our portfolio assets. Stay tuned for more updates!
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