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Madrid, December 29, 2023.

The exonerated woman could not cover her income with the payroll she received and had to resort to the second chance mechanism

Repara tu Deuda Abogados, a leading law firm in Spain in the application of the Second Chance Law, has achieved debt cancellation in Madrid. Through the management of Repair Your Debt Lawyers, the Court of First Instance No. 58 of Madrid has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a woman who had accumulated a debt of 71,000 euros that she could not meet. . SEE JUDGMENTAs the exonerated woman herself explained when she contacted the office, she could not meet the credits contracted with the payroll that she received. This led him to have to begin the procedures to benefit from the Second Chance Law. As in your case, many people go into debt by requesting loans, thinking that in the future they will be able to solve their problems without difficulties. People who resort to the Second Chance Law quickly see the benefits of being exempt: they leave the lists of default, such as ASNEF, can register possible future assets in their name and request new financing if they wish. Other advantages obtained are that they stop receiving distressing calls from banks and financial entities, which previously contacted family members, friends and staff at their own work. The reality is that more and more people are beginning the process to reactivate themselves in the economy. . Since its founding in September 2015, Repara tu Deuda has helped many who were in desperate situations and did not know where to turn to end their debt problems. To date, there have been more than 20,000 individuals and self-employed people who have put their case in their hands to put an end to their debts. The law firm has managed to exceed the figure of 180 million euros exonerated to people who come from different communities of Spain. It is expected that this amount will continue to increase in the near future as a result of the high number of files that are currently being processed and that many exonerated individuals decide to tell their testimony in the first person. This legislation allows both individuals and self-employed workers to be exempt from their debts if they previously meet a series of requirements. In general terms, it is sufficient that the bankrupt acts in good faith for the duration of the process, 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.Repair your Debt Abogados has an app available for Android and IOS, called MyRepara, which allows the reduction of costs derived from the procedure, exhaustive control and meetings with lawyers through video calls. The office also offers, alternatively, the possibility of analyzing 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