Reply To: Default on my property….reposession with a difference

#86735
Inez
Participant

Hi – you really need to check what your liabilites are fully with regards to the company. Usually and SL has an administrator who becomes fully liable for all and any debts. This may or may not be limited to the financial liability of the company

Your lawyers should be able to advise, alternatively a good gestor will look at the escritura and tell you what if any your liabilites are.

You may have to register as bankrupt to avoid further claims, but its not like in the UK – its much more regulated

Good luck