Comments for The Lawbird Tribune

Comment on 9 Tips on How to Determine if an Offer is a Scam by Steve Roberts

Steve Roberts — Sun, 04 Jan 2009 23:47:34 +0000

Thanks for the information. My father-in-law received a letter by mail from a ‘Barrister’ in Spain and your information has proved valuable in identifying it as a scam.

Comment on Steep Drop in Euribor Translates into Cheaper Mortgages by » Sterling Plunge: Not All Doom and Gloom - Antonio Flores’ Blog

» Sterling Plunge: Not All Doom and Gloom - Antonio Flores’ Blog — Sun, 04 Jan 2009 18:54:19 +0000

[...] almost unanimity in that they should be in the region of 2% by mid next year, which would mean that mortgages would cost up to 34% less than at the highest Euribor mark (5.5%), at the beginning of October 2008, comfortably making up [...]

Comment on The Legal Case Against Fortuna Land by Investment Property Rumours

Investment Property Rumours — Wed, 31 Dec 2008 01:36:44 +0000

For more information on the background of Fortuna and the extensive scams they ran prior to land banking;

http://investmentpropertyrumours.blogspot.com/2008/12/fortuna-land-and-oanna-group-how-it-all.html

Comment on Landlords Afraid of non-Paying Tenants Take Preemptive Measures by » Spanish Express Evition Law Pre-Aproved - Antonio Flores’ Blog

» Spanish Express Evition Law Pre-Aproved - Antonio Flores’ Blog — Tue, 23 Dec 2008 22:09:10 +0000

[...] will be interesting to see how these measures, in addition to others, bring dynamism to an otherwise stagnant market and, more importantly, if the court system will be [...]

Comment on The Legal Case Against Fortuna Land by aflores

aflores — Wed, 17 Dec 2008 21:57:57 +0000

I regret to hear that you are in this situation and can only sympathise with you in this predicament. It is difficult to predict the outcome of a Court case as many variables apply but certainly lack of action will guarantee that you do not obtain a refund. It is therefore a matter of how much will a legal case cost against these companies and whether it is worth it. I can recommend that you write to Raymundo (raymundo at lawbird com or on http://www.lawbird.com/services/contact) as he is already representing a number of clients who wish to take action against Fortuna Land. He will be able to tell you what is proposed and what cost this will have, in addition to knowing what is the perception of other “victims” of Fortuna Land.

Comment on The Legal Case Against Fortuna Land by Bernice Slater

Bernice Slater — Wed, 17 Dec 2008 06:31:30 +0000

Dear Sir, I bought land with Fortuna in 2003, and again in 2005. I was assured that this would be a good investment, and it would enable me to retire to Spain. This will now not happen. Is it possible to get our money back? If so How?
Regards
B Slater

Comment on Aifos Faces a Forced Administration Procedure by » Malaga’s mercantile judge turns down AIFOS’s creditor petition for a forced Administration procedure. - The Lawbird Tribune

Fri, 12 Dec 2008 15:24:11 +0000

[...] we had already explained in our prior blog post, newsletter and forum thread this forced administration procedure did not mean that AIFOS had filed [...]

Comment on The Legal Case Against Fortuna Land by aflores

aflores — Tue, 09 Dec 2008 22:39:15 +0000

Hello Arnold,

I´m afraid I dont know who Jerome Andre is.

With regards to the mediation company you mention I cannot opine as I have no information about it. I can however tell you that since Spanish lawyers never “cold call” (for legal and ethical reasons) I can only be reasonably suspicious about this practice.

Finally in respect of the Timeshare case you will be glad to know that this enormous Court case is now reaching its final stage and that owing to our intervention our clients will be properly represented (for an affordable fee) in the hearing phase of a case now lasting for 6 years.

As you can well imagine, this has cost us a lot of money but we feel that we have fulfilled a duty towards our clients.

Comment on The Legal Case Against Fortuna Land by Arnold

Arnold — Tue, 09 Dec 2008 13:11:24 +0000

Whilst the comments and posting are reasonably informative, (although you omit the face that Jerome Andre and his cohorts were also involved in other such scams as BCCI, Spantel and Adrentacar) as for staking your reputation on it all about a mediation company you appear to know little about, are YOU not the lawyers taking timeshare companies to the courts in Fuengirola that never came to anything?

Comment on Non-Residency Certificate required by Spanish Banks by Dave Seabrook

Dave Seabrook — Tue, 21 Oct 2008 21:53:30 +0000

I think is is absoultely disgusting that spanish banks do not even have the decency to tell you that your bank account has been frozen and you only get to find out when you default on a mortgage payment. Changes to rules are one thing that we all have to live with (Sept 9th 2008) but incompetence and lack of communication on the part of the banks is not acceptable. Having found out the hard way, I will have to make several trips to Spain to resolve this situation and I expect the bank to compensate me for their inefficiency. Fat chance! The trust between bank and customer has been destroyed which will further damage the housing market in Spain and the profit margins of the banks as well as payments to the tax authorities that come with house sales. If mortgage payments are not being made on a large scale it could cause a further meltdown of the banking system. I will be very reluctant in future to invest any money with a Spanish Bank as I can no longer trust them and will be withdrawing funds that I have there as soon as this situation is resolved. DS