Leading Andalucian Building developer Noriega collpases & PRASA to follow suit
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According to various Spanish news outlets the house developer firm PRASA is filing for bankuptcy. It follows last week´s announcement of the Noriega filing for bankrupty.
My auntie has paid thousands in advance for an off plan property. Any idea how to claim it back??
Thanks http://www.expatsinspain.org/news-in-spain/230-leading-andalusian-builder-noriega-seeks-court-protection-from-creditors
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Your aunt should discuss with her appointed lawyer.
If she has not got one then I would suggest she finds one.
Also start digging out all paperwork and bank/insurance guarantee etc.
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