Whats the point

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Hacienda Casares forum threads
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15 Dec 2008 12:00 AM by paddy32 Star rating. 4 forum posts Send private message

Sorry for been downbeat but don't think i will ever see any good coming from this. Bought an apartment got 1 guarantee aifos got licence but never built and never will. Started court proceedings (not cheap) start of 2008 got an embargo on a property ( yippee I taught ) now find out if aifos go bankrupt before i am settled up i will just have to join the long list of other creditors  (and by settled up i mean no aifos appeals or anything and property sold and i am paid what i am awarded). So I don't think there was much point in trying to go after aifos as they will be bankrupt before i can get anything back.

I think i wasted my money on lawyers. And I know someone else who had the all the bank guaratees and the bank refused to honour them so that person is in the same boat as me now.

 

So what is the solution.

Has anyone actually got there money back from AIFOS by going threw the courts.!!!!!!!!!!!




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