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Barcelona, December 12, 2022
The law firm is a pioneer in the application of this law, having been created in 2015
Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved another debt cancellation in Barcelona (Catalonia). Through the management of Repara tu Deuda Abogados, the Mercantile Court no. SEE JUDGMENT The exonerated, visibly moved, explains in a video in which the car is delivered to him that he feels “relieved and very happy” since for him this is “being born again.” He acknowledges that the solution has been quick and for this reason he would recommend other people to go to the law firm and take advantage of the Second Chance Law. SEE VIDEO In his case, the origin of the over-indebtedness comes from the request for loans to open a cafeteria that he ran in 2019, being self-employed. The results of the business were not as desired and he had to apply for more loans to maintain it. However, the situation became untenable. Later he had to look for work but with the income he could not assume his debts. As the lawyers of Repara tu Deuda explain, “Spain was slow to incorporate the Second Chance Law into its legal system, a mechanism provided for the cancellation of the debt of the individuals. In this way, it complied with the 2014 European Commission Recommendation in which it urged it to implement the second chance mechanism.”This legislation still has a long way to go. Originating in the United States, where it has been applied for more than 100 years, more and more people request to take advantage of it to start a new life from scratch. More than 20,000 individuals and the self-employed have placed their over-indebtedness case in their hands, hoping to get out of the desperate situation in which they find themselves. The law firm has been dedicated since its inception to the application of the Second Chance Law. Its high degree of specialization has led it to become the leader in the debt cancellation market for individuals and the self-employed, having exceeded the figure of 110 million euros exonerated. This legislation allows them to be exonerated from their debt if they previously meet a series of requirements. Among them, the amount cannot exceed 5 million euros and they must be considered debtors in good faith.
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735
Videos
https://www.youtube.com/watch?v=u5020LOU…
