Indemo's Seventeen Flow Stage Updates for October
As part of our monthly updates, we’re sharing the latest developments in legal proceedings for selected debts in our portfolio. These updates highlight important progress in the debt recovery process and are part of our ongoing commitment to keeping investors informed about the legal journey of each asset.
The Updates
In October, there were 17 cases that moved forward in the legal process. Here are the legal stage changes recorded this month:
🏘️ A78 – Townhouse at Calle de Crono
Previous Status: Auction Preparation
Current Status: Auction Edict
What this means: The Court notifies the auction edict with all the necessary details that need to be known by the possible bidders.
🏢 J074 – Apartment on Calle San Roque
Previous Status: Auction Preparation
Current Status: Auction Tax
What this means: Tax to start the auction needs to be paid.
🏢 J076 – Apartment and Land in Madrid
Previous Status: Claim Preparation
Current Status: Claim Filing
What this means: The claim is being submitted to the court.
🏢 R001 – Apartment in Palafrugell
Previous Status: Auction Preparation
Current Status: Closing the Auction
What this means: The Court issues a certification stating the results of the auction.
🏢 R011 – Apartment at Sepulveda
Previous Status: Debtor Payment Notification
Current Status: Opposition Filing
What this means: The debtor files an opposition to the claim.
🏡 R015 – Townhouse at Av Almendros
Previous Status: Claim Filing
Current Status: Claim Acceptance
What this means: The court initiates the claim and begins its attempts to notify the debtor.
🏡 R026 – House at Calcopirita
Previous Status: Cargo Certificate Collection
Current Status: Opposition Filing
What this means: The debtor files an opposition to the claim.
🏡 R101 – Apartment and House in Lleida
Previous Status: Claim Filing
Current Status: Cargo Certificate Collection
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.
🏢 R104 – Apartment in La Pobla De Montornés
Previous Status: Auction Preparation
Current Status: Auction Tax
What this means: Tax to start the auction needs to be paid.
🏢 R105 – Apartment in Sant Joan d’Alacant
Previous Status: Auction Preparation
Current Status: Award Decree Registration
What this means: The creditor is registered as the new owner of the property in the Property Registry.
🏡 R107 – House in Pucol
Previous Status: Claim Preparation
Current Status: Cargo Certificate Collection
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.
🏘️ R121 – House, Apartment in Jaen and Apartment in Torrenueva Costa
Previous Status: Auction Preparation
Current Status: Auction Edict
What this means: The Court notifies the auction edict with all the necessary details that need to be known by the possible bidders.
🏢 R123 – Apartment in Capdepera
Previous Status: Auction Preparation
Current Status: Auction Tax
What this means: Tax to start the auction needs to be paid.
🏡 R131 – House in Terrassa
Previous Status: Auction Preparation
Current Status: Auction Tax
What this means: Tax to start the auction needs to be paid.
🏘️ R150 – Two Commercial Premises and Two Apartments in Valencia
Previous Status: Claim Preparation
Current Status: Opposition Filing
What this means: The debtor files an opposition to the claim.
🏡 R179 – House in Barcelona
Previous Status: Claim Filing
Current Status: Cargo Certificate Collection
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.
🏡 R180 – Semi-Detached House in Barcelona
Previous Status: Claim Filing
Current Status: Cargo Certificate Collection
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.
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!
Make sure to check out our socials:
📢 Telegram - Exclusive Indemo Chat Content & the fastest way to get news!
📷 Instagram - Don’t miss our stories :)
🎥 YouTube - Podcasts, Meet Indemo Experts, Quarterly Reviews
This content is a marketing communication. It shall not be treated as investment advice, independent research or offer, recommendation or invitation to invest in the investment opportunities referred to herein. The content is not aimed at promoting services or products to persons based in jurisdictions where the distribution of said information would be illegal.
Investing in financial instruments involves risk, and there’s no guarantee that investors will get back invested capital. Moreover, past performance does not guarantee future returns. Indemo SIA shall not be responsible for any direct or indirect loss from using the provided information.