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Catalonia, February 22, 2023.

The exonerated had acquired a loan for an acquaintance who died. He handed over the house but he had a remaining payment

“A man, resident in Barcelona (Catalonia), came to us to take advantage of the Second Chance Law because he had accumulated a debt of 141,026 euros.” This is how the lawyers from Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, tell the story of this bankruptcy. “He bought a home in 2007 for his habitual residence. During that period, he also acquired a loan for an acquaintance as a second owner. Unfortunately, he passed away. In 2009, after a couple of years in the midst of a crisis, the debtor stopped having economic capacity and could not pay the debt on his mortgage and handed over the house. He had a remainder that, with the application of this legislation, has been cancelled”. Thanks to Repara tu Deuda Abogados and the Second Chance Law, the bankrupt can start from scratch without debts, after issuing the Mercantile Court No. 3 of Barcelona (Catalonia) the Unsatisfied Liability Exoneration Benefit (BEPI), with Free from contracted debts. SEE JUDGMENTRepara tu Deuda Abogados has helped, since it launched its activity in September 2015, many people in desperate situations who did not know where to turn to get out of the over-indebtedness situation in which they found themselves. The firm has managed to exceed the figure of 120 million euros exonerated to its clients, from all the autonomous communities of Spain, thanks to the application of this legislation. The lawyers of Repara tu Deuda try to adapt to the economic capacity of the potential beneficiaries , aware of the difficulties they are going through, and with the maxim of not leaving anyone without a second chance to reactivate themselves in the economy with more force. This legislation protects individuals and the self-employed by allowing them to exonerate their debts if they have previously fulfilled a set of requirements. In summary, it is necessary that the amount of the debt does not exceed 5 million euros in any case, that the bankrupt has not been convicted of socioeconomic crimes during the last ten years and that it is shown that he is a debtor in good faith, that cannot pay due to the insolvency situation in which it finds itself.Repara tu Deuda abogados has an application that helps to further reduce the costs of the procedure, that an exhaustive control is carried out and that meetings with the lawyers are held through of the video call system. Known as MyRepara it is available on Android devices as well as IOS.

Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735