03 Mar 2018 6:46 AM:

Hi ads

Yes, we received interest back dated, and are completely satisfied with the outcome, albeit a 10 year process !!

I'd like to take the opportunity to thank our Spanish Lawyer, Martin De La Herran of Abolex Abogados for all his hard work in recovering our monies.

Regards

Barry & Sue

Community thread: SADM Closure Finally !!!!

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26 Feb 2018 5:25 PM:

Hi all

Just wanted to share our good news with you all, and for those still awaiting their outcomes, maybe a ray of hope for you all ?

Having won our case in the Court of Alicante against the Spanish Banks in November 2014, and receiving our initial deposit back into our account in April 2015, we have just received our interest back into our account today.

It's been a long, almost 10 year process, but, it's now finally over for us !!

I'd like to thank each and every member on this forum, for their advice and input over the last 9+ years, as, if it wasn't for you, we'd not be in the position we're in now.

We wish the rest of you, all the luck in the world in getting your money back too ?

Finally...... now we feel we can move on with our lives, having had many years of sleepless nights, and stress related issues, but IT'S NOW OVER !!

Good luck everyone.

Barry & Susan Kent

Community thread: SADM Closure Finally !!!!

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19 Sep 2017 7:53 AM:

We received our deposit back into our bank in April 2015.

Still waiting for our interest........... RIDICULOUS state of affairs the Spanish legal system !!

 

Barry & Sue

Community thread: SADM Closure - Not Quite !!

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03 May 2017 8:15 AM:

Hi all

Whilst many members have had their deposits returned already, I know there are still others who are awaiting the outcome of their court cases, or indeed, awaiting their cases to be heard ?

We received our deposit back in April 2015, but, are still awaiting the outcome of the banks appeal through the Supreme Court, and any subsequent interest payment that is due to us, ( the lawyers costs have already been dealt with ).

It seems ludicrous that we have to wait, ( its already been another 2 years since the refund ), yet again,  for the interest payment to be made !!

When we initially pruchased our property at SADM, we had paid approx. 72,000 euros by way of an equity mortgage on our property in the UK, which obviously incurred interest.

Since this took place in 2006, I would imagine there should be a substantial amount of interest due back to us from the Spanish bank ?

Has anyone else received interest back on their deposits, and can give us an indication of the interest payment that we are likely to receive, ( interest % rate ? ), and any time scale ?

Barry & Sue

Community thread: SADM Closure - Not Quite !!

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17 Dec 2016 8:22 AM:

Great to hear others success stories on here !

We won our case too, and received our deposit back into our bank account in April 2015, however, we're still waiting on out interest payment !!

We've been informed by our Spanish Lawyer that we have to await the appeals process through the Supreme Court, ( the banks have appealed against the decision obviously ), before we can get our interest payment ?

Is anyone else in the same position ?

Baz n Sue

Community thread: Finally SADM closure.

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