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Thursday, March 06, 2008
clydec
Parcela
I've made 17 posts
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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
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07 Mar 2008 7:22 PM
Smiley
** EOS Superstar **
I'm in Nueva Andalucia
I've made 2097 posts
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Guess it depends on how far up the list of creditors you are and how strong your lawyer is
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Smiley - patrick@marbellamortgages.com www.marbellamortgages.com
 Sarcasm is the lowest form of wit .....but any form of wit is an achievement
NO MATTER HOW MUCH MONEY YOU HAVE GOT, IF YOU HAVE NOBODY TO SHARE IT WITH, THEN ITS JUST NUMBERS IN THE BANK.
TO ESCAPE CRITICISM DO NOTHING, SAY NOTHING, BE NOTHING!
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05 Apr 2008 9:22 AM
Abolex
Apartamento
I'm in Andalucia - Murcia - Alicante
I've made 66 posts
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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.
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Kind regards,
_______________________
Martin de La Herran Sabick
Abogado
Abolex Lawyers
www.abolex.es
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