Barcelona, October 31, 2023.
The exonerated man saw his income reduced and when he tried to catch up on payments he had fallen into a state of over-indebtedness.
Repair your Debt, the leading law firm in Spain in the Second Chance Law, has achieved another debt cancellation in Barcelona (Catalonia). This is the case of a man to whom the Court of First Instance No. 50 of Barcelona (Catalonia) has granted the Benefit of Exoneration of Unsatisfied Liabilities (BEPI), freeing the bankrupt from a debt that amounted to 23,000 euros. SEE JUDGMENTThe lawyers of Repara tu Deuda explain the story: “this situation of the debtor had its beginning when he had to assume the expenses of his home and his income was reduced. In order to be able to face all the most essential expenses he had, he was forced to apply for several loans. Subsequently, once he returned to receiving his usual income, he found himself in a situation of over-indebtedness that he could not assume.”The Second Chance Law came into force in Spain in 2015. Its spirit, as well defined , is to offer a “second chance” to all those people who find themselves in a situation of economic insolvency, being able to reactivate themselves and be able to start from scratch. Despite the fact that many people, increasingly, know the Second Chance Law , the truth is that there is still a small percentage of the population that has not received information about the existence of this mechanism provided for the cancellation of the debt of individuals and the self-employed. For this same reason, the law firm continues to carry out extensive dissemination work so that no potential beneficiary is left without access to this legislation.Repara tu Deuda Abogados is the law firm specialized in the Second Chance Law that has handled the most cases in Spain and it is also the one that has canceled the most debt. At this time it has managed to exceed the figure of 170 million euros of debt exonerated for people who have fallen into a state of insolvency for very different reasons and who need to get out of the economic blockade in which they find themselves. More than 20,000 people have trusted the firm through the application of the Second Chance Law as the only way to end all their debt problems. These come from the different autonomous communities of Spain and respond to very varied profiles: parents who guaranteed their children to buy a flat, small businessmen who devised a business project for which they needed financing, but did not achieve the expected results, people who are unemployed or who have suffered complicated work circumstances, individuals who have been victims of some type of deception, etc. The Second Chance Law allows the cancellation of debts of individuals and self-employed workers who are in a situation of over-indebtedness if they meet a series of specific requirements. These would be to act in good faith during the process, that the debt does not exceed 5 million euros and not having been convicted of socioeconomic crimes in the last ten years. For those who cannot use this mechanism, the office also offers the possibility to analyze the contracts signed with banks and financial entities. The objective is to analyze whether there are abusive clauses for the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages and to be able to claim from Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc.
Contact Contact name: David Guerrero Contact description: Press Officer of Repara tu Deuda Abogados Contact phone: 655956735
