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Valencia, December 18, 2023.
The exonerated woman fell into a state of over-indebtedness due to the poor results of the travel agency
Repair your Debt, the leading law firm in Spain in the Second Chance Law, has achieved another debt cancellation using this tool. This is the case of a woman to whom the Court of First Instance No. 1 of Alzira (Valencia) has granted the Benefit of Exoneration of Unsatisfied Liabilities (BEPI), freeing the bankrupt of a debt that amounted to 49,129 euros. SEE JUDGMENTThe lawyers of Repara tu Deuda explain the story: “the insolvency situation arose when the debtor was overwhelmed by the debts that the travel agency was generating. She initially requested financing to meet the expenses of opening the business, such such as the entrance fee to the tourism group, works on the premises, payment of first expenses, registration of supplies, etc. Subsequently, it began to generate losses, which caused the debtor to request a second financing to cover the expenses and try to revive the business. Despite the personal and economic effort made, he had to cease his business activity because the resources generated were not enough to cover expenses.” The Second Chance Law was approved by the Parliament of Spain in 2015. Although more than eight years have passed since its entry into force, some people are still unaware of this tool. It must also be said that more and more individuals and self-employed people are aware of it thanks to the work of disseminating the successful cases achieved and the fact that many exonerated individuals decide to take a step forward and explain their current liberation situation.Repara tu Deuda Abogados is the law firm specialized in the Second Chance Law that has handled the most cases in Spain and the one that has canceled the most debt. Currently, it has exceeded the figure of 180 million euros through this mechanism and the forecast is that this figure will continue to increase due to the high number of procedures that are underway. It is important to note that the people who have received During the last year to the Second Chance Law they belong to the different autonomous communities of Spain. And it is a tool that has already entered with force in homes that have seen in it the solution to all their debt problems. “We have made great efforts to disseminate the Second Chance Law throughout the country, making use of optimal technology and taking into account the human factor, so important in cases in which people have suffered a situation of disturbing anguish,” the lawyers explain. The Second Chance Law allows both individuals and the self-employed to be exonerated from their debts if they meet a series of requirements. In general terms, it is enough that the bankrupt acts in good faith, not hiding assets or income, that he has not been convicted of socioeconomic crimes in the last ten years and that the debt does not exceed 5 million euros. The office also offers to analyze contracts signed with banks and financial entities. Along these lines, 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
