You may find the following thread on the Torrevieja Forum of interest and also may stop a few sleepless nights for those of us with San Jose properties, rather than the unfortunate ones who have paid deposits on other urbanisations who have yet to complete.
Barry
http://www.torrevieja.com/forums/legal-fiscal-real-estate-advice/3930-builder-gone-bankrupt-builders-insurance-cover.html
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