Seville, March 21, 2023.
The exonerated requested a series of loans to get out of the situation he was in, but fell into a loop of over-indebtedness
Repair your Debt Abogados, the 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 Repara tu Deuda Abogados, the Court of First Instance No. 10 of Seville (Andalusia) has issued the benefit of exoneration of the unsatisfied liability in the case of a man who had accumulated a debt of 83,127 euros that he could not meet . SEE JUDGMENT As the lawyers for Repara tu Debt explain, “he suffered economic problems because he had to request several loans. Although he was paying them off, the problems returned and he could not make all the payments, so he requested other loans to pay the previous ones. He entered a loop of over-indebtedness from which he could not get out”. As in his case, many people get into debt by requesting credits to pay those they have previously requested. “On many occasions they mistakenly believe that the new loans are used to end their problems. However, we have seen that unfortunately, more than a solution, it sometimes becomes an added problem that they did not expect.” People who take advantage of the Second Chance Law very quickly verify the benefits of exoneration of their debts. In fact, they leave the delinquency lists that harm them so much, such as ASNEF. In addition, and this is a great relief for them, banks and financial institutions stop calling them and their relatives, relatives, acquaintances and their own work staff as they did before. Although there are many people who are still unaware of the existence of this legislation, the truth is that more and more are beginning the process, also encouraged by the testimonies of many exonerated. Repair your Debt Abogados has helped, since it was founded in September 2015, people in desperate situations because they do not know how to solve their financial problems. There have been more than 20,000 individuals and freelancers who have put their story of over-indebtedness in their hands to have a new life. The law firm performs a free initial analysis to see if it is a person deserving of the second chance. To date, it has achieved complete success in the cases presented before the Spanish courts and has exceeded the figure of 130 million euros exonerated. This legislation allows individuals and the self-employed to be exonerated from paying their debts as long as the good faith of the party is demonstrated. bankrupt during the time the process lasts, without hiding assets or income. In addition, the amount owed cannot exceed 5 million euros, nor can the person have been convicted of socioeconomic crimes in the last ten years.Repara tu Deuda Abogados has an app for Android and IOS, known as MyRepara, which It allows to reduce the costs derived from the procedure, an exhaustive control and meetings with the lawyers through the video call system.
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735
