The Lender statutory compliance platform for Kenya's Non Performing Loans Recovery process.
DiStressIT manages both tracks — private treaty and statutory auction — from one dashboard. From the first recorded default to the final sale, every step is covered with a complete, immutable audit trail. Built for CBK-regulated lenders. Designed to protect borrowers.
How It Works
From first default to final sale.
NPL Case Opened
Bank records the default, uploads asset details, and assigns the case to a loan officer. DiStressIT creates the case record, begins the audit trail, and immediately provisions the borrower's portal access.
Statutory Notices Served
DiStressIT generates and serves all three statutory notices digitally — the 90-day Default Notice, 40-day Notice of Intention to Sell, and 45-day Redemption Notice. Every notice is timestamped at delivery and stored immutably.
Borrower Consent
Borrower reviews all statutory notices served against their loan. They give documented consent to — or retract from — the private treaty track, and can view and respond to any offers made on their asset.
Private Sale or Auction
Asset is published to PrivateTreaty for private negotiation, or the lender instructs a licensed auctioneer through DiStressIT — documented in the audit trail. Lender controls which track — or both simultaneously.
Audit Trail Complete
Sale closes. A full legal record covering both tracks — every notice served, consent given, offer made, auctioneer instruction issued, and final sale price — is stored and available to regulators on demand.
Who It's For
Two portals. One platform.
For Banks & Lenders
- Manage both the private treaty track and the statutory auction track from one dashboard
- Generate and serve all three statutory notices digitally — timestamped and legally compliant
- Instruct a licensed auctioneer directly through DiStressIT — documented in the audit trail
- Full audit trail covering both tracks — every action immutable, every timestamp preserved
- Retract at any stage if the borrower redeems the loan within the 175-day statutory timeline
CBK-regulated institutions only. Access provisioned by ResolveIT.
For Borrowers
- See exactly what is happening with your asset at every stage
- Review all statutory notices served against your loan
- Consent to or retract from the private treaty at any stage — your decision, documented
- View and respond to private treaty offers made on your asset
- Know your deadlines, your rights, and your options
You will receive an SMS with your portal access link when your case is opened.
Compliance & Trust
Built for Kenyan law. Auditable by design.
Every action on DiStressIT is timestamped, stored immutably, and available to regulators on demand. We do not cut corners — because CBK-regulated institutions cannot afford to.