30 Nov 2011 12:00 AM:
Hi. My partner has a property in Spain. She split up with her husband three years ago and returned to the uk. She has since bought her own home over here. The bank has issued a 90 day foreclosure notice as she and her ex got into financial difficulty, and the mortgage has been frozen accruing interest daily.
She is now terrified that the bank will persue her for the outstanding balance. The outstanding amount is approx 470,000 euros and if auctioned, will certainly sell for less.
He husband still lives in spain in a static/mobile home but is retired.
Can she be persued for the outstanding debt and what rights does she have.
Any suggestions would br greatly appreciated
Thread:
My Partner has a foreclosure notice on a property in Spain. She lives in the UK
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