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Aifos Hipodromo forum threads
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15 Jul 2008 12:00 AM by pikey Star rating. 8 forum posts Send private message

do i litigate or not? does anyone have the very latest on what's going on with aifos. i spoke with somebody from lawbird 2 days ago who said that that very day aifos had moved from their plush offices to a warehouse!

i want my deposit back but do i throw away more money on a lawyer with no guarantee of winning?

thoughts and any info would be great thanks.


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16 Jul 2008 8:36 AM by johnmfranci5 Star rating. 107 forum posts Send private message

You are a touch late !!

But of course better late than never.

all the info u require about  aIfos on these various forums on the 
Spanish Developers thread and on develoipments like Hacinda Marina,
hipodromo, Cortijo de Torreblanca,

If u move very fast with lawbird u might just get an embargo using 
lawbird within 2 to 3 months. even getting an embargo only gives
u preferred creditor status if/when they go belly up. Lawbird can tell you as much as anyone.

My personal opinion is that only the Banks and Major Creditors are propping up
aifos. Can't see much advantage to them in pulling the plug. Legal action I think is only chance
of getting anything back.

If/when Aifos if ever complete properties u have a chance of swapping to them. However don't pay
anything more unelss u can complete immediately.

One does wonder if Aifos going into liquidation would that help to cause a total market crash ?
maybe a way of eventuallty getting cash back off them would be to buy off the receiver(if/when they go bust)
a   property (if you can find a completed one with an LFO or get a (reputable)devleoper/builder
to finish it off at a vastly dicounted rate. 

How this will all end with Aifos is anyone guess. The current situation may of course meander along
for quite some time yet. What is certain I think is that anything they have not started on without
a buliding licens will never be (as applies to me !!) - certainly not by them.

EOS moderator - what about inviting a Senior Aifos rep to come along anjd give you an interview. It would be nice
to hear them say they are going to refund everyone  - some chance !!   perhaps they could refer you to a satisfied customer
They must have 1 somewhere !!   


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16 Jul 2008 9:57 AM by pikey Star rating. 8 forum posts Send private message

hi there. thanks very much for the info. its a terrible situation!! it looks like i've lost a considerable amount of money. i wish i could claim some recompense from the estate agent in this country who dealt with it ( very badly, at that). i dont even have a copy of the contract on my file and they have washed their hands of it because their agents in spain went bust, so they will not make any commission!

does anyone have any ideas about anything i can do about the estate agents i dealt with? suggestions gladly accepted.


This message was last edited by pikey on 7/16/2008.

This message was last edited by pikey on 7/16/2008.


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16 Jul 2008 11:35 AM by pikey Star rating. 8 forum posts Send private message

thanks john. you've been really helpful. do you have any contact email, tel no or name at the aifos office. i need to obtain a copy of my contract.


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16 Jul 2008 11:46 AM by johnmfranci5 Star rating. 107 forum posts Send private message

Julie Patterson [jpatterson@aifos.es]
Uk Managing director
Tel    07834 763 593

Tel    0161 827 7900

A salesperson:

Khalil Mellah Lahlou [kmellah@aifos.es]




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