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Malaga, March 7, 2023.

The exonerated man fell into an over-indebtedness loop after a complicated relationship with his family

Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a new debt cancellation in Andalusia. Through the management of Repara tu Deuda Abogados, the Court of First Instance and Instruction No. 2 of Estepona (Málaga) has issued a benefit of exoneration of the unsatisfied liability (Bepi) in the case of a man who had accumulated a debt of 28,190 euros to which couldn’t cope. SEE JUDGMENT As the lawyers for Repair your Debt explain, “the exonerated suffered a difficult situation with his family, both with his parents and with his ex-partner. At that time, he saw no other way out other than to request a series of loans. However Later, when he wanted to return it, he found that it had snowballed and he had no choice but to avail himself of the second chance mechanism.” According to Repara tu Deuda, “Spain was one of the European Union countries that It took longer to approve this Second Chance Law tool, a mechanism designed so that individuals and the self-employed could start over without debt, accessing financing and leaving behind the ordeal they have suffered due to payments they could not afford. made in 2015 and, in this way, the recommendation made the previous year by the European Commission was fulfilled”. Despite having been approved a little over six years ago, many of the possible benefits Aryans are still unaware of the existence of legislation that has been designed precisely for them. However, there are also some who go to lawyers who request fees that are too high for their pockets and refuse to start the process. There are also those who directly reject it because they mistakenly think that it is more complicated than it finally turns out to be. In any case, the truth is that more and more individuals visit the offices of the firm, often accompanied by acquaintances or relatives who have already benefited from this legislation and who therefore want to share with others the benefits of the Second Chance Law. To date, there have been more than 20,000 individuals and the self-employed who, having fallen into a situation of over-indebtedness They have put the hope to end their problems in the law firm. This has meant having canceled 130 million euros to people from all the autonomous communities of Spain. In order to have a second chance thanks to this tool, the exonerated person has to meet very specific requirements. Thus, the amount of his debt must never exceed 5 million euros. In addition, he cannot have been convicted of socioeconomic crimes in the last ten years and, finally, he must act in good faith at all times, without hiding assets or income and being a collaborator during the duration of the judicial procedure.

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