Saturday, March 23, 2013

Spain: Eviction Orders Top 75,000 In 2012

Eviction procedures in Spanish courts for unpaid mortgages and rent hit a fresh record last year, averaging more than 200 per day.

Amid the sharp economic downturn and record unemployment, Spain's legal system executed 75,605 eviction orders in 2012, a 16.7% increase over the previous year.

According to the General Council of Judicial Power, 64,770 eviction orders were carried out in 2011.