Hi All,
Thought you might be interested to hear that just a few hours after
emailing Peinsa, threatening to get an embargo put on the land at La
Tercia, I received this email from Yolanda - could we perhaps but a
group embargo on the land to help us get back our varying levels of
monies owed to us??
Regards
Ian
Good afternoon Mr. Bold,
I have tried to contact you at the number below, but with no success.
First of all, I would like to tell you that I am glad you were able to
recover almost your full deposit paid for the property at La Tercia.
Many other clients have not had the same luck, unfortunately.
I am aware that opinions and rumours about Peinsa are of many
different natures, and considering everything ocurred, I can
understand. But our current situation is that of trying to obtain
finance in order to refund all amounts paid by clients for La Tercia
Real properties, as well as for other developments we will be unable
to complete. It is now a year since the development was stopped, and
for all this year we have just been working and negotiating with the
banks to come out of this tunnel. It is not easy, and it is a very
slow proccess that, believe or not, also frustrates the little staff
left at Peinsa to deal with this unpleasant reality.
Of course we would be willing to sort the whole situation without the
need of legal intervention. The problem is that the company has no
means to do so, and even after the legal process has successfully
concluded for the client, still there are no chances to recover your
moneis. Placing an embargo is an option you can look at but, out of
our current experience, I can tell you that there will be no
guarantees of recovering your money that way either. Yes, you will
probably have a right over other parties who have not placed the
embargo, but that's all. Your embargo might be translated into cash in
no certain period of time at all, if it ever is. And maybe Peinsa will
not exist by then.
You do the right thing safeguarding your interests in the ways you
consider, but you have been very lucky already Mr. Bold.
Many properties at La Tercia were already up, as well as roads,
pavements, drainage systems, even hundreds of palm trees planted...
At least you have executed your bank guarantee, we will never be able
to execute building works in an extremely huge investment of our
company, made not only with your deposits, but with many other sources
that will never be recovered.
You will probably think that this is not your problem, and it's true,
it is just a reality.
Kind regards,
Yolanda
www.peinsa.com
Tel - 968 19 25 11
Fax - 968 19 35 44
Mail -
yol...@peinsa.com
Avda. Santa María de Gracia, 5
30730 San Javier - Murcia