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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 1211. UK hearing on European Enforcement Order II
Thursday, October 2, 2014 @ 4:07 PM

As a continuation of post of 19th of September, I have GOOD NEWS to report.

Bank has decided to settle with our client in regards to our dation ( giving keys back to the Bank) offer, leaving a low partial debt for our client that will be recovered by the Bank with the sale of the repossessed house.

Bank and  dation maker client have agreed on putting the property on the market and once this is sold, they get the rest of the debt paid with the fruits of the sale.

In the interim, preventively, our client is providing a guarantee to the Bank with a temporary legal charge on his UK property.

A good end, in our opinion

Cheers

María

"Arch Santa Maria", Burgos, North of Madrid, at facebook.com

 



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