Diligence
Once the client is in default, the lender can extract the deed and enforce collection through all the usual diligence measures without having to go to court.
The lender though must still serve a Debt Advice and Information Pack and a charge for payment before executing the following diligences:
•earnings arrestment;
•bank arrestment;
•registering an inhibition;
•sequestration is also an option once apparent insolvency has been constituted.