Under 30 days. These sit with the originator and a junior — shown so nothing falls through the gap, not because they're yours.
Receivership and power of sale. The hard exits.
files
| File | Stage | Status | Days late | In case | Outstanding | Counterparties | |
|---|---|---|---|---|---|---|---|
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Where this file stands
generatedNext steps
Written from this file's own data, so it stays true as you edit. Not a substitute for reading the timeline.
Recent activity
Position
| Class | Lenders | O/S | Accrued |
|---|---|---|---|
Activity
The record of this case. Entries cannot be edited or deleted once written.
This entry will be available to external reporting. Keep it to position and status — no dollar figures.
Financial breakdown
Position by lender as at today. Columns foot exactly.
| Lender | Authorized | O/S | Accrued interest | Position |
|---|---|---|---|---|
| Costs | — | — | ||
| Totals |
Receivership and legal fees sit in Costs — they carry a balance but no authorized amount and no accrued interest.
Expected recovery
| Class | Due (O/S + accrued) | Best | Medium | Worst |
|---|---|---|---|---|
This cascade is a proposal, not settled logic. It pays each class its interest then its principal in full before the next class receives anything, by rank — never a hardcoded A/B pair, so a C or D piece would be a reference row rather than a rewrite. Closing-fee allocation is deliberately absent; it can't be known until close.