The Provision of Mortgages Will Be More Selective

Prepares bank mortgage war on forecasts of a recovery in home sales in coming quarters for tax reasons and prosecutors. However, the granting of mortgages will be more selective.
Economic recovery and reform of the VAT will be incentives that will drive new home purchase in mid-2010, according to Cristina Martín, director of Inter-bank Mortgage Financing.
For [...]

Declaring Bankruptcy Process

In general, declare bankruptcy should be considered as a last resort for debt because the results are lasting and far-reaching. The Law on Bankruptcy Abuse Prevention and Consumer Protection Act established stricter rules for consumers and lawyers.
The process of declaring bankruptcy is now more difficult for debtors:

Debtors must file more documents, including detailed statements of [...]