Hi, I asked a question on this website the other day but have had no response yet.

I entered into a contract to buy an off plan property on the Costa Del Sol many years ago. There was some problems with the development (developer was caught up in a money laundering case I believe - white whale case) so the judge on the case ruled that I was allowed to cancel my contract and get my deposit back. This was over four years ago and I still have not had my money returned as the developer has no liquid funds. I have been told that the developer is now close to bankruptcy so I would need to put a claim on his assets in the courts as a creditor should this happen in order to have any chance of getting some of the money refunded. There is also an angle with the bank guarantees as although the properties were built some time ago some of the correct licences are still not in place - the licence of first occupation is in place but not the touristic licence. Therefore, I would need to take legal action either against the bank or the developer to have any chance of getting money back I believe. Can I still go down the bank guarantee route even though the licence of first occupation was granted a number of years back? What would be the best path to follow?

Thanks