18 Apr 2010 2:57 PM:

Maria,

Thank you for answering my questions.

Kind regards

Thread: Costa Luz Lawyers lead the way in communicating with their clients

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17 Apr 2010 6:37 PM:

Maria,

How long would that procedure take?  Why would the insurance company not pay if they have given the developer the insurance against cancellation etc.. and if the courts find in favour of the purchaser surely they need to pay immediately.

One other question where exactly does the money we pay as deposit/stage payments go?  Does the developer use this money and if so why is the developer able to use our funds and then we have to take the insurance company to court who subsequently fail to pay back our deposits. 

Is it not the case that the funds should be held in a safe account and only released to the developer on completion of the project?

Thank you

Thread: Costa Luz Lawyers lead the way in communicating with their clients

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17 Apr 2010 5:04 PM:

Maria,

You say that Banks usually respond straight away but what if the deposit is backed by an insurance policy not a bank? 

Does the Insurance company usually respond and pay the deposit money back? 

Is the money just as safe with the Insurance company as with the banks?

Our Insurance company is ASEFA and so far they have not paid back monies to clients even after their case has been won in the courts!!

Is this a reputable insurance company and what can be done to speed up the procedure?

Many thanks

 

Thread: Costa Luz Lawyers lead the way in communicating with their clients

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07 Feb 2010 2:59 PM:

Maria,

Thank you for your message, I will await further news from you.

Yes, I can see your point with taking the cases to court individually and hopefully if you succeed with one case, others claiming against the same developer/development will have more chance of success!

Keep fighting for us to receive justice through your courts and restore our faith in your Country!

Kind regards

Linda

 

This message was last edited by Mollykins on 07/02/2010.
Thread: Costa Luz Lawyers lead the way in communicating with their clients

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05 Feb 2010 5:29 PM:

Maria,

You say that there are procedures to speed up the process through the courts.  What are these procedures???

Thank you

Thread: Problems with developers

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