EstateGuru informed investors about the recovery timeline for defaulted projects

EstateGuru informed investors about the recovery timeline for defaulted projects in various countries. In Estonia and Lithuania, the enforcement procedures may begin after a 30 days notice has been sent to the borrower. In Latvia, the enforcement procedures begin after 60 days. In Finland, it takes between 3 and 6 months to receive the enforcement decisions from the court. Germany has a six-month waiting period for voluntary fulfillment of the debt. During this time, EstateGuru cannot legally begin the enforcement procedures.