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The death of his father and the labor crisis caused by COVID-19 caused his situation of over-indebtedness.

Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a debt cancellation in San Sebastián de los Reyes (Madrid). Through the management of Repara tu Deuda Abogados, the Court of First Instance no. SEE JUDGMENT.

As the lawyers from Repair your Debt explain, his case is as follows: “he applied for the first credit cards to repair the car he had, which he needed to go to his workplace and which he finally sold because it involved facing many expenses. She also requested new credits since, unfortunately, her father died and she had to travel to attend the funeral since she lived in the debtor’s country of origin.In this way, the credits accumulated and increased as a consequence of the interest and decided to restructure the debt by applying for a loan to be able to pay off the credit cards As a result of the COVID-19 pandemic, working hours were reduced and, due to the decrease in income, he could not afford to repay the loan. asking for new credit and the amount was growing”.

According to Repara tu Deuda, “Spain incorporated the Second Chance Law into its legal system in 2015. It is legislation whose origin must be located in the United States, a country in which it has been applied for more than 100 years. Characters as relevant as Walt Disney or Steve Jobs have taken refuge in it.Its spirit is to offer a second chance to those who have fallen into insolvency, so that they cannot assume their debts despite the efforts they have made and seek to have a new life, far from the stigma suffered by many for an apparent failure”.

Repair your Debt Abogados was created in September 2015. Since then, it has helped many people in desperate situations who did not know where to turn to get out of the maze of over-indebtedness in which they found themselves. Its high degree of specialization in the application of the Second Chance Law has led it to become a leader, having exceeded the figure of 130 million euros exonerated to its clients through this tool.

The law firm has more than 20,000 clients, from all over Spain, who seek a way out of their problems in this process. The forecast is that this figure will continue to increase in the near future, as many of them decide to explain the existence of this law in first person to their family, friends and acquaintances due to the high benefits it implies.

Repara tu Deuda lawyers try to adapt to the economic circumstances of their clients. His idea is not to leave anyone without a second chance to those who want to start over from scratch.

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