Spain Explained

A guide for foreigners on every aspect of safe property ownership in Spain

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What happens when the Spanish builder goes bankrupt?

Last updated on October 28th, 2019 at 04:47 pm. Unfortunately, these days, this is not an uncommon problem. What happens when the Spanish builder goes bankrupt can vary considerably depending upon whether the builder has arranged a bank guarantee or contracted an insurance policy to protect the stage payments already made by the purchaser. The […]