Hotel Receivership Services
Miramar Hospitality understands the technical and legal processes that's involved when it comes to receiving a distressed property by the lender through foreclosure, bankruptcy, and negotiated transitional handovers. Miramar Hospitality is a certified receiver and is experienced in handling all necessary procedures with a court ordered appointment.Within 24 hours of a court ordered receivership appointment, Miramar Hospitality has the capabilities of taking over the hotel and following process will be implemented
- Secure all assets including bank accounts, cash, and all property
- Follow proper human resource procedures for all employees
- Take care of all life safety issues
- Ensure all local, state, and federal laws are followed
- Follow all franchise policies and procedures
- Execute all required reporting under court order
- Make all necessary court appearances
- Manage Asset under Miramar Hospitality's highest guidelines
receivership appointments.
