Comments on: Bankruptcy proceedings for Aifos

By: gary

gary — Wed, 27 Jan 2010 16:22:14 +0000

does anyone have any updates on the Aifos situation ?
I won my case but do not know if I will receive anything back from them ?

By: gary

gary — Wed, 27 Jan 2010 16:21:48 +0000

does anyone have any updates on the Aifos situation ?
I won my case but do not know if I will receive anything back from them ?

By: Maria Elena

Maria Elena — Mon, 28 Dec 2009 09:46:34 +0000

Hello, URGENT – can anyone help?

I am trying to find the insurance company that Aifos use for our development in Angel de Miraflores, if anyone can help please email me as soon as possible. thank you.

By: Costa del Sol property

Costa del Sol property — Fri, 06 Nov 2009 09:33:47 +0000

Hi John,

I unfortunately only have limited knowledge about all of this. But as I understand it, you have to sue the person you bought from and they can sue the person he or she bought from.

The stage payments might refer to the legal costs (court fees, etc…) that need to be paid?
In either case you can request a full breakdown of the costs.

By: john Roberts

john Roberts — Thu, 29 Oct 2009 10:00:02 +0000

I have paid £1000.00 to my estate agent who have said, that is the initial payment to regiister as a crediter and the cost of taking on a lawyer .The lawer they suggest is working for a no win no fee basis,but reccomends I persue my money back from the person I purchased the property off as i purchased the property as a resale.(Aifos is the developer)
He is now mentioning staged payments and is still talking about a no win no fee basis does this sound a bit dodgey.nte

By: Costa del Sol property

Costa del Sol property — Mon, 28 Sep 2009 13:44:18 +0000

I know several of you are at the end of your tether, in regards to everything you have been through. These lawyers have been kind enough to offer this information, and I was quite impressed by their no-nonsense approach. I believe they will also be happy to answer any questions you might have about the article.

Regards
Andrew

By: Costa del Sol property

Costa del Sol property — Mon, 28 Sep 2009 13:09:58 +0000

ELS (lawyers firm) has been kind enough to supply me with an article regarding taking Aifos to court. Taking aifos to Court

By: Jill Ge

Jill Ge — Thu, 24 Sep 2009 10:32:54 +0000

Thanks for the info – always welcome.

I have resolved not to pay any more money to lawyers for this AIFOS mess.

I have now had to sell my home in order to pay off the mortgage I took out to pay for the non existent apartment.

I have received nothing in writing about this AIFOS administration. Should I have?

Good luck

Jill

By: PA HOLT

PA HOLT — Wed, 23 Sep 2009 14:36:06 +0000

I should have said that the judge has appointed
an abagado from Landwell,Pricewaterhouse
Coopers,in Malaga,they have issued a phone
no. 952 345 400.I phoned and spoke to a very
nice English speaking young woman who said
told me how to go about submitting my claim.

By: PA HOLT

PA HOLT — Wed, 23 Sep 2009 14:11:15 +0000

I have recieved papers from Aifos today,as a creditor I can submit my claim into the Mercantile Court No.1 in Malaga by 30-9-009.
It must all be done in Spanish,I think with a
interpreter I can do it myself, I resent lining
another solicitor´s pocket,especially as there
is a good chance that I will recieve nada.

By: Jill Ge

Jill Ge — Mon, 21 Sep 2009 09:15:06 +0000

Hello Andrew

Thanks for your message

Lawbird will not reduce their costs to join the creditors list, but they did say I could pay in 2 payments. They were very defensive as to why the cost is so high, but I have paid them as I already have an embargo against AIFOS and hopefully I just might get some of my money back.

Good luck to everybody who finds themselves in this unholy mess. Let’s hope that justice prevails.

Jill

By: Providenza

Providenza — Fri, 18 Sep 2009 19:47:53 +0000

Hi Andrew, just found out, what the hell do we do now, my partner invested over 40,000euros in an apartment at the Hipodromo (Alazan apartments) Trying to find out who Ash y Poplar are. They seem to be the recepients of his money. Having spoken to Lawbird solicitors it seems highly unlikely to retrieve any money. It could take approximately 2 – 5 years and the chances are very slim. There must be something that could be done collectively

By: Costa del Sol property

Costa del Sol property — Mon, 14 Sep 2009 10:11:06 +0000

Hi Jill Ge,

as a rule, I would question the 700€ as in most cases it would not be a lawyer going to register you as a creditor but one of the staff members. As lawyers time is expensive, so I would understand the charge, but not for one of the underlings.

I would have also assumed that the lawyer would charge a flat fee for all the legal work and simply inform you of any additional charges, in this case the 300€ that need to be paid.

At the end of the day there are many lawyers out there who can offer you the same service.

Talk to them, see if your lawyers can come to some sort of compromise.

Regards
Andrew

By: Jill Ge

Jill Ge — Mon, 14 Sep 2009 09:24:44 +0000

Hi Andrew

This is a PS to my previous.

Lawbird are charging e300 for registering as a creditor and e700 for ‘lawyers fees’. I would appreciate any advice from anybody on how I go about joining the creditors list without getting lawyers involved. Time is really tight now and I have to make a decision.

Thanks to all

Jill

By: Jill Ge

Jill Ge — Mon, 14 Sep 2009 09:17:49 +0000

Hi Andrew

Thanks for the info. I’m in 2 minds whether to try and register myself as a creditor or go through Lawbird as they have represented me all along this sad, sorry path.

It’s so difficult – being in two countries and all!

Thanks again

Jill