This topic was discussed with Bill Padley interviewing CAB adviser. Talking about the law and the possible implications.
Since the interview, we have seen some of the agreements. One includes that during the three months negotiations. Also mentions of that the agreement signed does not mean that bank is liable to refund any monies.
Royal Decree Radio Interview below.
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.
How Can Citizens Advice Bureau Spain Benefit You?
As an expatriate living in Spain; do you find that the Spanish bureaucratic system
can be disconcerting? Have you discovered that the simplest of transactions are difficult to conclude?
Find yourself searching for answers to problems only to discover that there is nowhere where you could find a solution?
I am assuming that the answer is yes and that is why should be a member of our web site if you arent already.