Madrid, September 12, 2023.
The debtor’s partner was left unemployed and tried to help her by applying for loans that she could not repay.
Repara tu Deuda Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a new debt cancellation in Madrid. Through the management of Repara tu Deuda Abogados, the Commercial Court No. 16 of Madrid has issued the benefit of exoneration of unsatisfied liabilities (Bepi) in the case of a woman with a debt of 43,000 euros that she could not meet. SEE JUDGMENTAs the lawyers of Repara tu Deuda explain, her case is as follows: “the debtor lived with her previous partner, who became unemployed. To meet the most essential expenses, the recently exonerated woman had to apply for loans , which he was paying as best he could. He began to require new ones to cover the previous ones and a debt accumulated that he finally was not able to repay.” According to Repara tu Deuda Abogados, “Spain incorporates the Second Chance Law into its legal system in 2015. This was born in the United States, a country in which it has been in force for more than 100 years. Although relevant figures such as Walt Disney or Steve Jobs have embraced it, the majority of those who have done so are people unknown to the public. majority, who have fallen into a state of over-indebtedness from which they need to get out to live without anguish. With this mechanism, the stigma suffered by those who have experienced economic setbacks is also eliminated.”Repara tu Deuda Abogados was founded in September 2015 with a view to to offer a legal solution to those who are drowning in payments that they cannot afford. Since then, it has been able to help many people desperate for their debts and has positioned itself as a leader in this market. To date it has managed to reach the figure of 170 million euros exonerated. The law firm has more than 20,000 clients, who come from all the autonomous communities of Spain and who respond to very different profiles. The forecast is that this figure will continue to increase as a result of the fact that the law is increasingly better known and also because many of those who have already achieved its cancellation offer their testimony so that others are encouraged to begin the process. This legislation allows the exoneration of the debt of individuals and self-employed persons who have previously met a series of requirements. In general terms, it is enough for the bankrupt to act in good faith at all times, providing the necessary documentation to prove his insolvency, that he has not been convicted of socioeconomic crimes in the last ten years and that the amount of the debt does not exceed 5 million euros. For people who cannot benefit from this mechanism, the law firm offers the option of canceling credit cards, revolving cards, mini-credits, loans and mortgages. It does this by studying the contracts signed with banks and financial entities to see if there is any type of abusive clause and thus be able to claim against 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
