Distress debt and NPLs. Sale and purchase agreement of non-performing credit portfolio.
José María Gil-Robles
J&A Garrigues, S.L.P
Abstract:
This article aims to explain how the processes of acquisition of distress debt portfolios are in practice, understanding for distress both non-performing credits and the real estate assets acquired in forced execution processes.
This is intended to indicate which are the main risks and legal issues that characterize these operations.