Tag Archives: Spanish Banks

Some liabilities and rights arising from acting as guarantors. Responsabilidad del avalista o fiador.

Dear Sirs, A while ago my daughter and her boyfriend (who have no income or assets of their own) requested and signed a credit contract at a bank for their new beauty salon. His parents and my wife and I … Continue reading

Posted in BANKING LAW. DERECHO BANCARIO, GENERAL, Spanish Court proceedings | Tagged , , , , , , , , , , , | Leave a comment

DACION EN PAGO: handing back the keys and the property to the bank in settlement of the mortgage loan. DACIÓN EN PAGO. Entrega de llaves o pago con la propiedad hipotecada del préstamo al banco.

Dear Sirs. We are a British couple and we purchased a property in Oliva (between Alicante and Valencia) 5 years ago. The exchange rate together with the economic crisis that affects both the UK and Spain mean that we can … Continue reading

Posted in COMPRAVENTA/PURCHASE/SALE. DERECHO INMOBILIARIO-REAL ESTATE LAW, COURT CASES - REAL ESTATE LEGAL ACTIONS, debt collection in Spain/ cobro de deudas | Tagged , , , , , , , , , , | Leave a comment