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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche.

Legal tip 829. Law 57/68 above Bankruptcy legislation
01 October 2012 @ 13:17

Regardless your positionn at the creditor´s meeting and how you are or are not deffending your rights there, all rights contained in Law 57/68 are also still yours. 

Rights of Law 57/68 are of such a nature: irrenouncable, public... that no kind of private agreement or attempt for refund ( out of Courts or in Courts) you might be doing, can damage or prevail to Law 57/68.

In a  simple but teaching way: Law 57/68 is above Bankruptcy legislation.

Law 57/68 reason of being is to ammend the unbalanced risk position that off plan payments put the buyers in regards to the developers and  Banks.

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