AIFOS SITUATION

I am receiving in the last weeks a lot of queries about the current finantial situation of AIFOS because of they are very worried if AIFOS will go to bankrupt.

Nobody could give you the answer to the million dolar question, when AIFOS will go to bankrupt? It is very difficult to know because

The finantial situation of them is delicate because they have not started a lot of developments that was sold off plan, they have a lot of delays in several developments and they have received hundreds of lawsuits in the last 3 years.

The best way to protect the funds delivered is obtaining an embargo, that means to freeze them several assets and protect yourself in case the company will go to liquidation.

The only way to freeze assets of AIFOS is to sue them and to ask the judge the embargo.

If yuu obtain an embargo you will register your credit on one or several assets of AIFOS and in case of liquidation you will be a preference creditor in the bankruptcy process.

If you have any queries please do not hesitate to contact me at jose@lawfirminspain.com and I will try to give you the better advice.

AIFOS PROBLEMS

As a Lawyer I have known in the last years a lot of buyers of properties of AIFOS that are suffering a desperate situation because of there are several developments sold off plan by AIFOS that did not started yet and the buyers are delivering money money and more money to them for a property that do not started.

You can find below several developments of AIFOS in this situation:

-         Caballerizas 1, Caballerizas 2,  AIFOS Hipódromo, Puerto Golf Las Colinas, Jardines del  Rincón.

 

There are another developments with urbanistic problems as Cortijo de Torreblanca and Terrazas de Torreblanca and there ai another development that do not have all the elements of the common areas that was included in the original brochures like sports areas, swimming pools.. as Hacienda Casares

If you are one of the affected of AIFOS problems  please do not hesitate to contact me at jose@lawfirminspain.com and I will try to give you the better advice.

 

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