Mortgage debt management

ULTIMO offers comprehensive mortgage debt management at each stage – from monitoring of performing liabilities through management of non-performing, sub-standard and doubtful receivables as well as receivables lost in pre-court debt recovery proceedings, to full servicing at the stage of court and enforcement proceedings, and finally mediation in the sale of securities. Taking into account the obligation to establish provisions starting from sub-standard receivables, ULTIMO places emphasis on the necessity to restore and maintain the performance of repayments at each stage.

The resources and knowledge of ULTIMO enable it to manage the whole process of mortgage debt management at each individual stage. As part of mortgage debts management, ULTIMO Spółka z o.o. offers:

• verification and monitoring of continuity of security
• monitoring of payments and pre-debt recovery together with restructuring before termination of a credit agreement
• management of receivables after termination of the credit agreement

BENEFITS

• enabling more effective allocation of human resources – the strengthening of sales teams
• maintaining maximum value of liabilities at the stage of performing liabilities – reduction of the value of established provisions under non-performing credits and minimising financial result reduction
• minimising credit and operational risk
• disciplining borrowers for prompt settlement of their liabilities – improvement of financial liquidity
• preventing the accumulation of high amounts of debt and immediate initiation of the restructuring process
• swapping fixed costs for variable costs, depending on the effectiveness of debt recovery activities