Barcelona, April 12, 2023.
The debtor was divorced and was forced to request loans for a home and custody of his daughter
Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a debt cancellation in Catalonia. Through the management of Repara tu Deuda Abogados, the Court of First Instance No. 8 of Hospitalet de Llobregat (Barcelona) has issued the benefit of exoneration of the unsatisfied liability in the case of a man with a debt of 36,040 euros that he could not meet . SEE JUDGMENT As the lawyers from Repair your Debt explain, their case is as follows: “when the debtor decided to divorce, he had to hire the services of a lawyer to be able to fight for custody of his daughter. Also, to make it possible, they forced him to to have a fixed home. For this reason, he had to request loans, also for the costs of security, furniture, etc. However, he was not able to repay them and he found himself in need of beginning the process with the office”. from Repair your Debt, “Spain incorporated the Second Chance Law into its legal system in 2015. Originating in the United States, a country in which it has been in force for more than 100 years, public figures as relevant as Walt Disney or Steve Jobs. However, most of those exonerated are ordinary people who have been caught up in a loop of over-indebtedness. Their spirit is to offer a second chance to those who cannot assume their debts so that they do not live drowned for life . Thus, the social stigma of those who have suffered an economic setback is also eliminated.” Repair your Debt Lawyers launched its activity in September 2015. Since then, it has been able to put its knowledge in favor of people who were totally desperate for not finding a way out of their debt problems.The law firm has more than 20,000 clients, from all the autonomous communities of Spain.Its high degree of specialization has led it to become the leader in the debt cancellation market. debts of individuals and the self-employed, exceeding the figure of 130 million euros exonerated to their clients. Among the objectives of the firm is also the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages. This legislation allows the exoneration of the debt of individuals and the self-employed as long as they previously meet a series of requirements.In summary, it is sufficient that the amount owed does not exceed 5 million euros, that the bankrupt has not been convicted of socioeconomic crimes in the last ten years and that it is considered a bona fide debtor by the judge.
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735