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19 May 2008 12:00 AM by Linda Needham Star rating in Jumilla,Spain. 302 posts Send private message

Linda Needham´s avatar
I am not sure this is the correct thread to put this to but I'll give it a go.  Its a long shot anyway.

You may or may not know that some construction companies and businesses here in Spain have started administration and liquidation proceedings due to lack of funds partly caused by the banks withdrawing the necessary funds for them to continue.

I seem to remember a big crash in the property market around 25 years ago.
Most of us learn from experience so...
I was wondering.

Is there anyone who reads posts on eye on spain who had experience of being a creditorer at that time?  If not ,maybe your parents did.

If so, my question is what did you do then that you would do differently now?

The amounts of money differ but I doubt the law has changed that much.

_______________________

Linda Needham
La Alberquilla
Jumilla, Murcia


R4 308 For Rental




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