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Am I right in my thinking that whilst certain statutory powers arise following a default, power of sale and appointment of receivers are not automatic powers and can only be exercised after notice demanding repayment has been made
I'm looking at the validity of receivers appoinment and Ive come across a few cases where LPA receivers have been appointed despite formal demand not being made.
I'm looking at the validity of receivers appoinment and Ive come across a few cases where LPA receivers have been appointed despite formal demand not being made.
