The General Judiciary Council has approved, by an agreement on May 25 2017, the specialisation of 54 courts (about one per province) to be responsible for dealing with court proceedings concerning floor clauses, mortgage expenses, delay interest, multi-currency, etc. and clauses of loans and credits, guaranteed with a mortgage, that means mortgages, where the borrower […]
TRADITIONALLY in Spain financial and investment advice has been made through banking entities. In general, we can say that the Spanish banks have not done a satisfactory job if we take into account all the scandals they have been part of, relative to toxic and high risk investment products, such as subordinated, preferred shares, convertible […]
There must be some distinction made between the different products marketed by the Banco Popular, for example, all those people who have a floor clause in their mortgage loan or whether they were asked to pay all the costs of the loan. If this is the case, then those that bought in to the product, […]
