Gerryb
You will see from the educative petition detail that it started in 2010 and closed in 2012.
Since then there have been all manner of threads on EOS ( including some within the Communities section ) that have tried to educate and address the ongoing legal complexities associated with Ley 57/68, the law intended to protect from the outset of offplan purchase.
Many of those threads in the interim years called upon Maria de Castro for educative advice and updates to comprehend the legal procedures and the many complexities associated with this law.
Suffice to say that one of those threads acts as just one example to highlight what some of the Banks have been doing and the need to provide adequate disincentives in the lengthy interim period since the Bank Guarantee petition closed in 2012.
https://www.eyeonspain.com/community-forum/35398/retrieving-off-plan-deposit-from-sabadell-bank.aspx
Hopefully this might help (at least in part) to comprehend how the Banks have behaved in the intervening years, and how some might suggest have purposefully sought to exploit a justice system already overloaded and under funded to their own ends.
Court Strikes in the interim ( ended in July 2023) have also exacerbated the situation, but as far as we can comprehend these appear to have left existing claimants and law firms to contend with an even greater backlog.
The need for highly knowledgeable law firms to effectively address all outstanding "elements of doubt" associated with Ley57/68 cannot be stressed enough however. Only when supportive legal doctrine has been achieved at the highest level (Supreme Court) with regards to ALL outstanding "elements of doubt" associated with Law 57/68 can claimants be sufficiently reassured. All too many are still awaiting FINAL rulings and actual return of their monies ( including interest and costs) however. Sounds familiar?.
And in the interim all we can do is await further educative legal updates from those best placed to advise and reassure.
P.s. Just cross referencing an update from Maria de Castro within the following thread relating to delays.
https://www.eyeonspain.com/forums/posts-long-25152.aspx
Bank Guarantee full petition EDUCATIVE text .
http://www.bankguaranteesinspain.com/text.htm
This message was last edited by ads on 1/7/2024.
This message was last edited by ads on 1/7/2024.