19 Mar 2013 12:08 PM:

Further to my earlier post, I have now arranged a meeting with Lexland on the 18th April 2013. It is my intention to get as many answers to clear up the uncertainty that is prevelant in this Law suit against Banco Vitalico, As there may be a few others out there with their own issues I am willing to raise as many points as possible in the timeframe allowed.

There are a number of us who are in the same boat and have decided to band together to try and push this to it's conclusion; so anyone wishing to join us will be more than welcome.

I am paying for this trip from my own funds  as this was in my plans for some time. Hopefully things will be cleared up during my visit but I personally have my doubts but here's living in hope. Anyone with any information that could assist me can contact me through this thread, the more insight I have of the situation the better.

In the meantime I will do my utmost to keep everyone informed of any further devolopments

Pat

Community thread: Anyone considering pulling out?

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18 Mar 2013 10:31 AM:

I have recently been trying to extract some information from Lexland about their expectations regarding timescale and settlement amounts without much success, does anyone know what the current situation is and has anyone had their interest and costs refunded?

I am intending to go out and arrange a head to head with Lexland to try and resolve this and a few of their clients have already been in touch with me, if there are any issues that you would like me to raise, I am more than willing to put these to Lexland.

Anyone with points that are brief can post a reply here and I will do my utmost to respond.

Pat

Community thread: Anyone considering pulling out?

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25 Oct 2012 8:10 PM:

Yes I am on the same boat, 3 years down the line and still waiting. only good thing is if there is a settlement there will be interest paid on the money due and this I believe is 3% above the Spanish base rate.

Hopefully this will be tied up by the turn of the year but don't hold your breath!

Community thread: Anyone considering pulling out?

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25 Nov 2010 6:17 PM:

Thanks Faro and mariadecastro for your quick response,

mariadecastro

The company has no assets and me and my wife are the directors of the company, it was set up solely to buy a property which did not materialise.  I am not sure what you mean by being active in the Treasure Department but if you mean is the company fully up to date with its returns to tax the answer is yes.

The lawyers dealing with it are telling me it will cost in the region of 4000 euro so if you are saying 600 this is great can you advise where and how I would go about this.

 

Faro. 

 I was told by i would need to set up a company if I was buying a Turistico licensed property this was about 5 years ago, the property never materialised and luckily for me I had an insurance policy.

I appreciate your help in this

Shuggy

 

Forum thread: Dissolution of a Spanish Company

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25 Nov 2010 4:30 PM:



This message was last edited by hpbyrne on 25/11/2010.
Community thread: Anyone considering pulling out?

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