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Madrid, May 9

The exonerated woman went into debt to help her parents financially pay the mortgage loan installments

The Commercial Court No. 15 of Madrid has issued the Exoneration of Unsatisfied Liabilities in the case of a woman who has been released from a debt of 73,000 euros. The case has been processed by Repara tu Deuda Abogados, a leading law firm in Spain in the Second Chance Law. As the lawyers explain, “his state of insolvency arose as a result of the request for a loan to financially help his parents pay the mortgage loan installments that they could not afford. Initially, she was paying it without difficulty, but after several extraordinary expenses, she had to request new financing to cover all the expenses. Later, her mother moved in with her. Therefore, the family unit’s expenses increased considerably and it requested new loans. If it stopped paying the installments on the requested loans, the interest increased considerably. However, the bankrupt fell into a state of over-indebtedness from which it has not managed. go out”. Now, thanks to Repara tu Deuda Abogados and the Second Chance Law, he has been free of his debts. The Second Chance Law was approved by the Parliament of Spain in 2015. Although at first there was some ignorance about the existence of This legislation, more and more people know about it and go to lawyers to cancel the debts they have contracted and cannot assume. Cases of success that can be demonstrated through sentences are one of the keys to knowing that has been chosen correctly. Currently, Repara tu Deuda is the law firm that has handled the most cases in Spain and also the one that has canceled the most debt for its clients, having exceeded the figure of 200 million euros. “Our forecast – they explain from the law firm – is that this amount will continue to increase due to the high number of files that are being processed and that new cases of people in a state of insolvency who need to cancel their debts come in every day.” Javier C├írdenas, client advocate at the law firm, also collaborates in the task of disseminating this tool. “We are facing legislation – declare the lawyers – that allows us to start a new life. For this reason, having well-known faces to help us spread this possibility is a great advantage.” The office can also analyze the contracts signed with banks and financial entities. In this sense, the objective is to check 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