THE decision 168/2020, of March 11, 2020, made by the Spanish Supreme Court, has clarified whether companies, the self-employed and SMEs, could claim against the floor clause that banks included in their mortgage loans, even in those cases in which the loan was required to be used by the borrower in their professional activity. In […]
QUESTION My parents owned a property in Denia, Alicante with the title shared at 50 per cent each and which has a value of about €200,000. They made wills naming each other as heirs and then me. My father passed away in Spain 10 years ago and my mother recently in March 2020. How should […]
In this article, we are going to talk about Bankruptcy in Spain. Both for foreign individuals and companies. THERE are several foreign nationals, both individual and companies, who are unable to honor their debts but have assets in Spain, (in many cases real estate, bank accounts, etc.) in addition to assets in their country of […]
