Water and electricity

hello all.

we have been waiting for completion on our appartment. it is 4 years late. we said complete or give us our money back. they offered the money back , i have just heard they have applied for voluntary bankruptcy. half the complex has moved in.approx 100 appts.

how will this affect us all

regards

Hi

We are currently dealing with a few clients that are affected by the bankruptcy of JALE (Inmobiliaria Amuerga) and its sub companies.

It is very important to take part on the Court bankruptcy case as soon as possible in order to defend your position as creditor. Many times these bankruptcies are because of lack of cashflow - but they do have many assets, and through this bankruptcy process they manage to convert assets into cash and then pay creditors. But creditors must take part on the Court case.

** EDITED - Please respect terms of posting **

Kind regards,