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Basque Country, December 5,
The exonerated man, after having requested financing for a rental, was left without work due to COVID-19
Repara tu Deuda Abogados, a leading law firm in Spain in the application of the Second Chance Law, has achieved a new debt cancellation in San Sebastián (Basque Country). Through the management of Repair Your Debt Lawyers, the Commercial Court No. 2 of Donostia-San Sebastián (Basque Country) has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a woman who had accumulated a debt of 23,000 euros which I couldn’t face. SEE JUDGMENTAs the lawyers of Repara tu Deuda Abogados explain, “his state of insolvency originated when he requested financing for a move to a new rental apartment, as well as for the household items necessary to live. At first he had no problem facing the payment of the contributions. Unfortunately, as a result of the pandemic caused by COVID-19, he was left without a job. Months passed and the unemployment benefit decreased, seriously affecting the family’s income. Therefore, his purchasing power and their ability to repay were greatly reduced.”People who benefit from the Second Chance Law see in a very short time what the benefits of being exonerated are. Not in vain, they get off the delinquency lists that hurt them so much. Furthermore, and this is also a great relief to them, they stop receiving calls from banks and financial institutions, which previously contacted them and who also did the same with family members, acquaintances and work personnel. Although there is still some ignorance about this legislation, the truth is that more and more people are seeking to benefit from this mechanism. Repair your Debt Lawyers has helped, since its foundation in September 2015 – the same year this legislation was approved – people who are in desperate situations but who have found in this legislation the lifeline for all their problems. The law firm has more than 20,000 individuals and freelancers who have turned to its services to start a new life without debt from scratch. To date, it has managed to exceed the figure of 170 million euros exonerated and expects that this figure will continue to increase in the coming years as a result of the number of interested people and the procedures that are already underway. This legislation allows both individuals and Self-employed workers will be exempt from paying their debts as long as they meet a series of requirements. In general terms, it is enough that the bankrupt does not exceed 5 million euros in debt, that he always acts in good faith without hiding assets or income and that he has not been convicted of socioeconomic crimes in the last ten years. Repair Your Debt Lawyers has an app available for Android and IOS and called MyRepara that allows the reduction of costs derived from the procedure, exhaustive control and meetings with lawyers through video calls. For people who do not benefit from the Second Chance Law, the office also offers the possibility of analyzing the contracts signed with banks and financial entities. In this sense, the objective is to check if 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 Contact telephone number: 655956735
