13 Jan 2011 10:26 PM:
Maria,
I paid a large deposit for a property in 2006, the apartments were completed but never obtained 1st habitation license, although a lot of others did complete without this. There was a number of us who never completed and to this day don’t know why, eventually I reversed my contact in 2009 with the builder under breach of contract and have been waiting on a court date. I have just heard that the builder has been put into compulsory liquidation and my case has been suspended. A liquidator has been appointed and I will be classed as a creditor. Can I be treated as a preferential creditor as you refer to in ADS post below? Should my solicitor know to do this?
Many Thanks for your time
Kind Regards Jlynas
Thread:
What happens when the developer declares itself as bankrupt?
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