BIDV Thu Thiem announces the seizure of assets (Mr Tran Dinh Phu)

Publish date
08/11/2022

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BIDV Thu Thiem branch would like to inform the seizure of assets as follows:

1. Security assets seized to handle the debt recovery are as follows: 

According to the certificate of land use rights, ownership of houses and other land-attached assets, number CB 635773, Certificate of registration number: CS 00019 issued by the department of natural resources and environment of ho chi minh city on dated September 3, 2015. 

- Land use rights: 

  • Land plot No: 404 ; Map sheet No: 39
  • Address of land plot: City Garden Apartment, 59 Ngo Tat To, Ward 21, Binh Thanh District, Ho Chi Minh City.
  • Area: 4070 m2, (in words: four thousand, seventy square meters) 
  • Method of Use: Common Area
  • Purpose of Use: Residential land in urban areas 
  • Term of use: Long term 
  • Origin of use: Land allocation with collection of land use levy

- Housing:

  • Type of housing: Apartment No. A-2.06
  • Name of Apartment: Avenue Building, City Garden Apartment
  • Gross Floor Area: 141.1 m2, (in words: One hundred forty one point one square meters) 
  • Ownership: Private Area
  • Term of Ownership: -/-
  • Common area categories beside apartment: -/-

- Property owner: Mr. Tran Dinh Phu

- Collateral for the loan of Mr. Tran Dinh Phu and Mrs. To Hong Van

2. Reason for seizure: Handle collateral for debt recovery as agreed in the Mortgage Contract and regulations of law. 

3. Time to seize security assets: From 24/11/2022 until the seizure is completed. 

4. Location of seizure: At the place where the secured property is located.

5. Seizure period: From the time of seizure until the collateral is handled, auctioned at the cost of BIDV Thu Thiem Branch to recover the debt or until the Borrower fulfills the loan repayment obligation. 

6. Price for handling security assets: Using valuation results of agencies or organizations with the function of price appraisal. The cost of hiring a valuation agency or organization shall be included in the cost of handling security assets. 

7. Handling method: Public auction through a functional auction organization appointed by BIDV Thu Thiem Branch. 

8. For any problems, please contact: 
- BIDV Thu Thiem Branch, 33-33A Tran Nao, An Khanh Ward, Thu Duc City, HCMC. Phone number: 0973988958 (Mr. Dao Kien Hao – Director of Thao Dien Transactions Office).
- In the course of property seizure, if the Borrower/Security Party opposes, obstructs, causes insecurity and orderly public places or commits other violations of law. We will request the police and local authorities to handle them in accordance with the law. Borrower/Security Party will bear the costs incurred in connection with the seizure. 
- The above is the notice of BIDV Thu Thiem Branch, requesting the Borrower/ Security, Local Government and related parties to cooperate and coordinate with BIDV in the process of settling the case job. 

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