Mortgagee in possession, Warrant to seize property.

Mortgagee in possession.
Warrant to seize property.

Enforcing vacant possession for Mortgagee In Possession’s 2021 is the year where there’s lots of mortgagee stress with borrowers not being able to make any payments or falling behind and defaulting. Often with Mortgagee have to force vacant possession so properties can be sold and settlement is completed. Our clients are often mortgage lending companies, and or funds managers. Capital investments that were a little bit murky prior to Covid and now going through the cleansing process.

The 2020- 2021 Black List from Banks, secured capital lenders, and private lenders that are frustrated that they haven’t been able to process any mortgagee in possession court orders ( Warrant to cease property ) either before or during the Covid lockdown period.
The backlog in the courts and also the frustrating fact that the sheriff officers have not been available throughout the COVID-19 lockdown.
Information from >>. “CIVIL WARRANT ASSURANCE TEAM Our office wishes to advise planning is now underway to return Sheriff’s Officers to phased operational duties in line with all COVID safe requirements.”No doubt into 2021 that the backlog will spread it out right up till mid part of the year and of course the backlog will be just trying to catch up with the current court proceedings for all the businesses that are will without a doubt, hit the wall throughout the commercial real estate community.
Our officers are available to carry out the judgment order to seize property, Mortgagee self-help authority getting back your asset.

If all the paperwork is available today! we can in some cases do the seizing property with JUDGMENT FOR RECOVERY OF LAND same day.

level 27, 101 Collins st, Melbourne, 3000 ACN: 121-241-674 | ABN: 75-121-241-674 (since 2006) t: (03) 9005 7670 m: 0467 341 387 

Security Business license: 758-987-02S  Victorian Firearms License: 758-987-50H  Victoria Police Vendor: 142897

Mortgagee in possession, Warrant to seize property, repo guy, repo services, sheriff officer, CIVIL WARRANT ASSURANCE TEAM, realestate victoria, VCAT, County court order .jpeg

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