Clausula Suelo. European Court of Justice Rules in Favour of Retroactive Payments.

This is the message from one of the group of lawyers who support our members.

“Although our legal team does not yet have access to the judgment document to analyse the specific issues, we are pleased to announce that the ECJ has declared total retroactivity in returning the overcharged amounts for the floor clause. In this way, European justice condemns the banks and defends the interests of those affected. Post in preparation. We will keep on reporting.”

Now is the time to take action against the banks on a ‘no win no fee’ basis and recover all the overpayments made since the drop in Euribor.

Note* Those who think they may be affected should start proceedings as thousands have already and winning their cases. The difference now is that those embarking on new litigations, will be able to claim the monies from the date the Euribor and interest dropped but their interest did not. Now not limited to only claiming from May 2013.

To be added to the list for further information or to proceed. Email: myra@citizensadvice.org.es

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.