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Asset Receiver

 

An asset receiver is a receiver who has been appointed on foot of a fixed charge over specified assets. The purpose of the appointment by the mortgage/charge holder is for the purposes of realising the assets secured by the Mortgage/Charge, where there has been a default in the repayments on the loan which was secured. On instruction as solicitors in asset receivership, we can review mortgage title documents to ascertain if a Receiver can be legally appointed and draft the necessary legal documentation for the valid appointment.