Flow Stage Updates in Our Debt Portfolio
As part of our ongoing commitment to transparency and investor engagement, we regularly update the community on legal proceedings affecting Debts in our portfolio.
Below are the Debts that have progressed through different legal stages this month, including details on their previous status, current status, and what that means for the recovery process:
🏢 J040 – Apartment in Cambrils
- Previous Status: Court Claim Applied
- Current Status: Court Decision
- What this means: The judge evaluates the case and makes a ruling based on the evidence presented.
🏢 J048 – Apartment in Roquetas de Mar
- Previous Status: First Notification
- Current Status: Court Claim Applied
- What this means: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
🏢 J061 – Apartment in Fuenlabrada
- Previous Status: Court Claim Applied
- 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.
🏢 J073 – Apartment in Adra
- Previous Status: First Notification
- Current Status: Court Claim Applied
- What this means: The Lending Company takes legal action by applying to the court of law to initiate debt recovery proceedings.
🏢 R001 – Apartment in Palafrugell
- Previous Status: Cargo Certificate
- 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.
🏠 R002 – House in Castellar del Valles
- Previous Status: Summon Issued
- Current Status: Trial
- What this means: Both the Lending Company and the debtor appear before a judge to present their claims and evidence in court.
🏠 R010 – Detached House at Costabona
- Previous Status: Cargo Certificate
- 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.
🏠 R015 – Townhouse at Av Almendros
- Previous Status: First Notification
- Current Status: Court Claim Applied
- What this means: 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: Court Claim Applied
- 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.
🏠 A70 – House in Cartagena
- 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.
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.
These updates reflect the dynamic nature of the Debt recovery process and the diligent efforts made to protect investor interests. We’ll continue to keep you informed on all major developments.
Thank you for your continued trust and support. We look forward to providing you with more exceptional investment opportunities.
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.