Cyprus Property Forum for Buyers, Sellers & Investors

Yes one would think so but I'm hoping not to be in this position indefinitely. Unless there is some closure I have no motivation to get back on my feet, as if I do accumulate any assets, the bank could come after them at a later date.

Hi Unfortunately bought 2 properties in 2006 with a certain agent XYZ and a certain well known Paphos lawyer. Couldn't sell, couldn't pay, couldn't afford legal action so in a stalemate position. I have heard one of the banks is pursuing debtors in the UK through debt collectors. My position is that...