On March 14th 2013, the Luxembourg Court of Justice of the European Union ruled against the present Spanish mortgage laws and will force Spain to adapt the present legislation governing evictions and foreclosures to EU directives.
Tag Archive for repossession
Bank Takes All
by Martin Myall •
It never crossed the mind of small businessman, Antonio Ruiz, that something like this could happen to him; but it has. One moment he was on top of the world, and the next he had been stripped of all he possessed – the bank took the lot: his business (Cuadros San Sebastian) his work shop, his house… and even the houses of his two offspring… they even took his grandchildren’s bicycles!