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Insolvency: to possess or to receive?

By: Language: English Series: Estates Gazette ; (9214) 11 April 1992, 104-114(2)Publication details: 1992Subject(s): Summary: Weighs up the pros and cons of mortgagees taking possession, when the mortgagor has defaulted on payments, as opposed to appointing a receiver under Law of Property Act 1925. Stresses the liabilities of the mortgagee taking possession.

Weighs up the pros and cons of mortgagees taking possession, when the mortgagor has defaulted on payments, as opposed to appointing a receiver under Law of Property Act 1925. Stresses the liabilities of the mortgagee taking possession.