Organization of public bidding

Organization of public bidding

Law Firm Lex renders services in the field of public bidding of the mortgaged property in extrajudicial procedure. We have highly professional employees with extensive experience in the field of preparation and conduction of public bidding for the implementation of collateral property (extrajudicial procedure).

We are working with the mandatory compliance with the requirements of the law on the organization and conduction of the auction. Working for many years without any violations, in strict accordance with the legislation, we deserve only positive reviews about our activities.

In the service of the public auction includes:

- Preparation and holding of the first and repeated public auction in accordance with the requirements of the legislation of the Kyrgyz Republic;

-Preliminary analysis of transmitteddocuments by themortgagee for their compliance with the legislation of the Kyrgyz Republic;

- Carrying out negotiations with the pledger and persons interested in the purchase of the collateral subject;

- Publication in the media about the upcoming auction;

- Direction information about the upcoming auction to the pledger;

-Placing information about trading on the collateral subject;

-Reception of guarantee fees from the citizens;

-Carrying out of the tender procedure;

-Distribution proceeds from the sale of the collateral subject in accordance with the legislation of the Kyrgyz Republic;

- Preparation and direction of the report on the conducted public bidding to the pledger and to the Bank;

-Drawing up all accompanying documentation in the organization and holding of public bidding (minutes, acts and etc.);

-Rendering services of the trade organizer on the whole territory of the Kyrgyz Republic.

Our company guarantees quality and is responsible for the services provided by the auction organizer.

At the moment, public bidders announced on the following items of collateral subject: