Has Club la Costa gone into liquidation?
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Dear Brian440,
Club la Costa has announced voluntary bankruptcy proceedings and it was published in the Spanish Official Bulletin (BOE) last December 2020. This means that the company has submitted a statement of insolvency and provisional liquidation in the Spanish Commercial Courts but this does not mean they are in bankruptcy or final liquidation. The aim of this Spanish legal proceeding is that they are looking for a way to pay their creditors in order to clear the company’s financial situation.
They have an external administrator who is the trustee in bankruptcy and who will manage the company during the entire proceeding. The amount of money that Club la Costa owe their clients, will be paid according to an order established by the trustee in bankruptcy.
Do you have a timeshare with this resort? Would you like to present your credits to the trustee in bankruptcy so that they are recognized and paid? Do not hesitate and contact us. Please do so by completing the contact form in this website and we will respond once we have reviewed your question.