Developer in difficulties? Favourite Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Developer in difficulties? This topic contains 6 replies, has 4 voices, and was last updated by Anonymous 9 years, 11 months ago. Author Posts February 6, 2009 at 1:33 pm #54726 AnonymousParticipant On the most recent Boletin Oficial publication by the Ayuntamientio de Murcia, there are two entries under the ‘Notificación a obligados tributarios’ section, related to a development that I have involvement with: TRAMPOLIN HILLS GOLF RESOR SL B73345746 (EJ) – 015825/2008 Embargo de cuentas bancarias TRAMPOLIN HILL GOLF RESORT SL 10693/2008 NOTIFICACIÓN DE EMBARGO DE CRÉDITOS Y DERECHOS Google translates these as Embargo of banking accounts NOTIFICATION OF EMBARGO OF CREDITS AND RIGHTS Could someone kindly explain the significance of these entries? Thanks. February 6, 2009 at 2:20 pm #90059 AnonymousParticipant It seams that their creditors have placed a Court order that will stop them from dipping their hands into their bank account at the determinant of their creditors. No doubt a lawyer can expand on it February 6, 2009 at 5:46 pm #90073 AnonymousParticipant Garyco, what date was this info posted ? February 6, 2009 at 6:57 pm #90075 loganParticipant In English this is chapter one bankruptcy! The first stage in moving a company into administration. February 6, 2009 at 6:59 pm #90076 AnonymousParticipant Someone, (whom I think is connected with this company) says it is a year old. February 6, 2009 at 7:37 pm #90077 AnonymousParticipant These entries regarding embargoes were published in the BORM dated 5th February 2009: http://www.carm.es/borm/documento?obj=bol&id=37193 February 6, 2009 at 7:38 pm #90078 AnonymousParticipant Thanks garyco. 🙂 Author Posts The forum ‘Property Questions & Answers’ is closed to new topics and replies.