WHO'S RESPONSIBLE FOR NO BG,S

THIS THREAD IS FOR ALL WITH NO BG, It seems to me we are all missing the point.  surely we should be finding out who was responsible for NOT getting the legally required BG because as far as i can see HDT SHOULD NOT HAVE EVEN BEEN IN THE LOOP.Whats the point of having the protection if the possible criminal has control of the outcome. 

So is it the bank or is it the solicitors because someone has to take the blame. AND WHERE THERES BLAME THERES A CLAIM.

I know as an individual there is no chance of going up against either so surely to my mind we should all be trying to get together and start  some sort of class action, or am i being too simplistic.

Also,  as HDT had acted illegally WHY are they even being allowed to put this proposal forward as i thought all the directors are being had up for fraud. and if there not , WHY not?

I have been told that the solicitor should have made sure all the BG where in place. this should have been done . it was,nt 

The Banks should have made sure !! they didnt

So we need to find out WHOS TO BLAME FOR NO BG,S AND ALL GET TOGETHER AND GO AFTER THEM!!!!!! 

To me this is all about the BG rather than the builder going into admin. [that happens in business] ,however for the Law to fail us in such a catatrophic way,THAT is the MUCH BIGGER QUESTION AND THE ONE WE SHOULD ALL BE FINDING ANSWERS TOO

Hi gjgcooper  ,HdT /SJ are responsible for  not issuing BGsand this proves they are  criminals but so are the banks who received the deposits ,big time !!!!!!  (listen to the pod cast  with Marie de Castro  that Justin  has put on the Spain forum ) This very question is answered .

A joint /class action of litigation  against the bank is the way forward .I would not want to wait in line for HdT /SJ to do the right thing they will never pay anything back to purchasers with or with out agreements or court action for that matter . I have said this all along sue the banks and include a litigation for  legal costs .Good luck JA 

If the banks vote yes it is only to save their own skins and delay the inevitable as they know they are ultimately liable . The longer all this goes on the better for the banks and HdT /SJ not the purchasersWe should all have done this years ago instead of listening to Tony et al giving false hope that the crooks would come good  . I went it alone and it did not cost me a huge amount in legals  and I am not out of pocket . He who dares wins !!!!!

 Hi, I challenged my solicitor in Spain a couple of years ago and told her that she should not have handed over my deposit until it was exchanged simultaneously for a BG. Her reply was, "the banks cannot issue the BG until they receive funds". I asked my new solicitor in the UK, who incidentally is Spanish, if it would be possible to sue my first solicitor, he said that this was virtually impossible given the Spanish legal system! An action against the bank seems like a good idea.

julie ann, I would be interested to know whether or not you had a BG and if not how did you recover your money, would appreciate a pm if you can help.

Thanks  

.

mattjo ,suing the solicitors  is a waste of time and will take for ever .

Sue the bank that received your deposit and did not issue a BG .I have been paid out on three properties .One that I was buying on El Pinet with a BG  and two on SADM  without a BG . I started this over 2 years ago and  asked many on here to join me in a joint action . I ended up going it alone  ,  as everyone was too hell bent on waiting for SARC and HdT/SJ to come good !!!!!!!  ,

I fear you may all  have left it too late but with a really  good legal  it may still be worth a try !!!

I really do wish all of you  the best as I  hate  the crooks , their associates (SARC )  and  their  messengers  and spin doctors (many who are  lawyers and agents  ) be careful the lawyers giving bad advice are in SJ/HdT's pocket it is often hard to tell who is truly independent  !!!!!!