TBVQ Abogados, by way of “Litigest”, provides a sales service for distressed assets which are the object of judicial foreclosure proceedings, in order to avoid the adverse consequences of a failed judicial auction.
The service entails the sale, via channels other than judicial auction, by an expert in the market who is not part of the judicial process and who will get a better price than that achieved in an auction conducted by the judiciary.
Among the advantages of our service is:
- A better price for all parties involved in the judicial foreclosure proceedings (creditors and debtors).
- The creditor avoids having to be awarded the assets, thus also avoiding the associated costs.
- Mediation with all the parties involved.
- More flexible processes adapted to each individual case.
- Easing of the workload of the courts which, while still overseeing the foreclosure proceedings, no longer have to deal with this part of it.
For further information, please refer to https://www.litigest.com