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The exonerated, alone and with the only income from the pension, could not meet all the payments.
Castellón (Valencian Community), August 14, 2023.- Repara tu Deuda Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a debt cancellation in Castellón (Valencian Community). Through the management of Repara tu Deuda Abogados, the Commercial Court no. that he couldn’t cope. SEE JUDGMENT.
As the lawyers from Repara tu Deuda explain, her case is as follows: “the first loans were requested to face a move and acquire furniture for the new home. Initially the debtor could afford to pay the loan installments since she had the help from her husband. However, for personal reasons, the husband moved to Catalonia and the debtor was no longer able to meet the credits and applied for new loans. With the income from the pension she could only cover the most basic expenses and requested various microcredits to pay for the orders beforehand”.
As recalled from Repara tu Deuda, “Spain approved the Second Chance Law in 2015. Born in the United States, a country in which it has been in force for more than 100 years, people of all kinds who have found in this tool the way out of their problems. The spirit of this law is to offer a second chance to those who have been involved in a situation of over-indebtedness so that they do not have to live drowned for life by payments that they cannot afford”.
Repair your Debt Abogados was founded in September 2015, which makes it a pioneer in the debt cancellation market for individuals and the self-employed. This high degree of specialization has led it to become a leader in this area, having already exceeded the figure of 160 million euros exonerated for its clients.
The law firm has more than 20,000 clients who come from the different autonomous communities of Spain. The forecast is that this figure will continue to rise as a result of the fact that the law is becoming more widely known, that it is the exonerated themselves who encourage other people to start the process and also because of the queries that are received on a daily basis.
This legislation allows both individuals and the self-employed to be exonerated from their debts as long as they meet a series of requirements. In general terms, it is essential that the amount owed does not exceed 5 million euros, that the debtor acts in good faith and that he has not been convicted of socioeconomic crimes in the last ten years. For those who cannot take advantage of this mechanism, the office also offers alternatively the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages by analyzing the contracts signed with banks and financial institutions to see if there is any type of unfair clause and to be able to claim against Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc.
ContactContact name: David GuerreroContact telephone number: 655956735
