RECEIVERS WILL PROTECT AND PRESERVE COLLATERAL ASSETS DURING FORECLOSURE
AMREX Receivers is an experienced professional insured and bonded Receivership company operating as Court Appointed Receivers, Assignees/Trustees, Asset Managers, Liquidators, Asset Recovery and Repossession of commercial properties. We have served in the United States Courts for over 30 years and have been appointed as Receivers by Courts in 43 states. We manage and provide security for collateralized assets and properties for government agencies, trustees, courts and lenders from coast to coast. Over the years we have had the opportunity to manage many different types of properties and as a result AMREX has evolved into an extremely versatile company. We originally specialized in Hotels, Motels, Retail, C Stores, Apartments and Warehouses, but have since become proficient in managing Environmentally impacted properties and many other types of commercial property. We are the “Boots on the Ground” company. Our goal is for the client to make one phone call to AMREX and we take it from there. We have an experienced management and accounting team, which gives us the ability to manage almost any type of commercial property. We have the Real Estate Brokerage skills to effectively market properties for sale. We also have teams available on short notice that can move quickly to repossess and secure almost any commercial real estate property.
IF IT IS WORTH FORECLOSING – IT IS WORTH PROTECTING
Foreclosure is a legal proceeding and an advanced notice to a borrower that they could lose ownership of a property in default. The legal system can be difficult and foreclosure could take a long time to complete. The borrower will then have ample time to generate income with no payment to the Lender while having use of the property with little upkeep and maintenance cost. The borrower can create serious damage to the reputation of the property and can sell, exchange, destroy or dispose of collateral assets such as furniture, fixtures, computers and critical operational equipment. The results could be the loss of thousands of dollars in value on the mortgaged property. The appointment of a Court Appointed Receiver to protect, preserve and/or operate the mortgaged asset is the quickest, least expensive and most efficient method to insure that the lender will recover the collateral in the best possible condition.
FOR NATIONWIDE SERVICE CALL AMREX 877-554-1330
The information contained in this web site is provided solely for information and should not be construed as legal advice. Any information contained herein is not intended to be a substitute for legal counsel on the subject matter. The law differs from jurisdiction to jurisdiction, and is subject to interpretation of courts located in each state. Always consult your Attorney.