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Seville, November 29
The exonerated woman requested credits for her university studies, but it snowballed and she went 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 a debt cancellation in Seville (Andalusia). Through the management of Repair Your Debt Lawyers, the Commercial Court of Seville (First Section) has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a woman who had accumulated a debt of 18,756 euros to which she I could cope. SEE JUDGMENTAs the experts from Repara tu Deuda Abogados explain, her case is as follows: “her state of insolvency arose when the debtor requested a loan to be able to pay the price of the university studies she was pursuing since her income only covered the rent of the home and other essential expenses. Initially she was able to meet the monthly payments, but after suffering various personal problems the debtor found herself in the situation of requesting new loans, so the interest increased and she was unable to repay them. She found herself in a situation of over-indebtedness”. As in her case, many people go into debt little by little, requesting loans to solve the different life circumstances that arise. However, when they realized it, a kind of “snowball” happened to them and they were forced to go to lawyers to start from scratch. People who use the Second Chance Law benefit because they leave of delinquency lists, such as ASNEF. In addition, they can register future assets in their name and seek financing if required. Finally, and this is a great relief to them, they stop receiving distressing calls from banks and financial institutions, which previously contacted them as well as family members, acquaintances and even their own work staff. Repair Your Debt Lawyers has helped numerous individuals and self-employed workers since it was founded in September 2015. To date, there have been more than 20,000 individuals and self-employed people who have put their case in the hands of the law firm to reactivate themselves in the economy, putting an end to their debts and starting a new life. The law firm is a pioneer in the application of the Second Chance Law in Spain. Its high degree of specialization has led it to exceed the figure of 170 million euros exonerated to people who come from the different autonomous communities thanks to the application of this tool. It is expected that this amount will continue to grow in the near future as a result of the high number of files that are being processed. This legislation allows both individuals and the self-employed to be released from paying their debts if they meet a series of certain requirements. In summary, it is enough that the bankrupt does not exceed 5 million euros as the amount owed, that he has not been convicted of socioeconomic crimes in the last ten years and that he acts at all times in good faith. To people who cannot go to the Second Chance Law, the firm also offers to analyze the contracts signed with banks and financial entities. In this sense, the objective is to see 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
