Murcia, April 26, 2023.
The debtor applied for several loans for members of her family but was unable to repay them and overcome her situation
Repair your Debt Abogados, the leading law firm in Spain in the application of the Second Chance Law, has achieved a debt cancellation in Cieza (Murcia). Through the management of Repara tu Deuda Abogados, the Mercantile Court No. 3 of Murcia has issued the benefit of exoneration of the unsatisfied liability in the case of a woman, a neighbor of Cieza (Murcia), who had accumulated a debt of 41,970 euros to the that he couldn’t cope. SEE JUDGMENT As the lawyers of Repair your Debt explain, “her state of insolvency originated as a result of the debtor requesting several loans to help financially some relatives. And it is that she could request them, while they could not. Likewise, the debtor requested another personal loan to be able to travel to her country of origin and help her mother financially. After a long time dealing with these loans, the relatives whom she had initially helped could not continue paying her credit. She, in order to continue paying the installments , he requested a new loan with the intention of giving them a sufficient margin of time for them to pay him. Finally, he could not assume all the credits and requested a new one with the intention of reunifying the debt and making it easier for him to pay the installments and satisfy his most basic needs. Although he tried everything, he found himself in a clear situation of over-indebtedness since he could only meet his most essential and necessary expenses”. As in his case, many people get into debt by applying for credits and loans. As the lawyers of Repair your Debt explain, “on many occasions it seems that the new loans serve to put an end to the previous ones. However, unfortunately, many times they snowball. For this reason, taking advantage of the Debt Law Second Chance is the best possible solution.” People who take advantage of the Second Chance Law quickly see the benefits of being exempt. And it is that they leave the delinquency lists that harm them so much. In addition, and this is a relief, they stop receiving calls from banks and financial institutions, who also do not contact family members, relatives and their own work personnel, as they did before. Although there is a certain lack of knowledge about this legislation, each time more people apply for this mechanism. Repair your Debt Abogados has helped, since it was created in September 2015, individuals and freelancers who were desperate and did not know where to find help. Since then, more than 20,000 have come to its services to end their debts and start a new life. The law firm boasts 100% success in all its cases. To date, it has managed to exceed the figure of 135 million euros exonerated and plans to continue growing in the near future due to the high number of procedures that are underway and the number of people interested in starting the process. This legislation covers individuals and self-employed by allowing them to be exonerated from their debts as long as they meet a series of prerequisites. In general terms, it is enough to demonstrate good faith during the duration of the process, without hiding assets or income, that the amount owed does not exceed 5 million euros and that they have not been convicted of socioeconomic crimes in the last ten years.Repara tu Deuda Abogados has an app for Android and IOS, baptized with the name of MyRepara, which allows to reduce the costs derived from the procedure, an exhaustive control of the process and meetings with the lawyers through the video call system.
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735
