ALDEA ADVISORS

hI fOLKS

Has any body managed to collect paperwork from head office

Jill

Hi Jill

Would not have thought collecting Deeds and papers etc a problem if you are all paid up and fully complete?

If they owe you money and you have not completed, or if you have completed and they owe you the change as in our case then that is a problem??

Mick and Lesley

Hi Jill

I collected my deeds and Wills in December after personally going to head office

in October to request them.

Hi, like Sonatigh we have also completed but despite requesting details of final figures etc.still not received any details either from Aldea before their demise or the Administrator.

Which head office did you get your deeds from?

would be interested in any contact details you may have!!

HI i got my documents from there office in Torrevieja tried ringing many times but just kept

gettin there answering machine so when i was over called in personnally i think its your best bet

Derek

I went there and they wouln't answer repeated ringing of the doorbell although lights were on in the office

Barry & Sue

Hi everyone,

Yes, only their offices in Torrevieja are open: Monday - Friday from 9am to 2pm. Only one person is working there and all the files were transferred to the offices in Torrevieja. It is very advisable that you make an appointment first before going there so your file can be organized to be collected.

If you bought/completed your property last year we recommend you to authorize your new solicitor to do it on your behalf. We are detecting two problems:

- the worst and difficult cases: properties that were completed but taxes were not paid and properties have not been inscribed with the Land Registry yet. That means once the owners pay their taxes (stamp duty or transfer tax) they could be charged some delay interest by the Tax Authorities for not paying the taxes on schedule and the properties still appear on on the vendors' name with the corresponding Land Registry. These clients already paid  a provision of funds to Aldea that cannot be inmediately recovered because the accounts are blocked, so the clients have to pay again a provision of funds to the new lawyers for paying taxes and registering the properties.

- other cases: properties completed, taxes paid on schedule and properties inscribed with the Land Registry. But the Deeds were not collected from the Registries and Registries' fees were not paid. Our main concerned for these clients is that the Registry's fees can be paid but they will not be allowed to collect their Deeds, that is only the company that made the initial presentation is allowed to collect the Deeds.... Aldea Advisors.

Can the funds be recovered from Aldea Advisors? Yes, if you are registered as a creditor. But the funds will not be automatically recovered. It will take some time for the Insolvency Practitioners to finish all the insolvency process.