Madrid, September 22, 2023.
The exonerated man saw his income reduced with retirement and could not assume all his debts
Repara tu Deuda, a leading law firm in Spain in the Second Chance Law, has managed to cancel a debt that amounted to 70,000 euros to a man in Getafe (Madrid). SEE JUDGMENTThe Repara tu Deuda lawyers explain their story to us: “Due to the loan clauses, the installments rose quickly. The debtor, in order to continue paying them, requested new loans to cover the previous ones. In the year In 2019, the bankrupt reached retirement age and, upon receiving the benefit, his income was seriously reduced. He then found himself in the need to stop paying the loan installments to cover his most basic and essential expenses. “Now, Thanks to Repair Your Debt Lawyers and the Second Chance Law, the exonerated person can start again from scratch without debt after the Court of First Instance No. 1 of Getafe (Madrid) dictates the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in his case. Repair Your Debt Lawyers began its activity in September 2015, the same year in which the law was approved in Spain. Currently, it has managed to exceed the figure of 170 million euros in debt cancellation for its clients through the application of the Second Chance Law. The law firm represents in court more than 20,000 individuals and self-employed workers who come from of the different autonomous communities. Gradual growth is expected in the near future as more and more people make daily inquiries to check whether they meet the requirements to benefit from the Second Chance Law. So that everyone can have access to the Second Chance Law. Second Chance, the law firm adapts to the client’s financial capacity. “Many people cannot afford the costs that some lawyers ask of them. We offer them different payment methods so that they can decide the option that best suits them. In addition, we work to disseminate real success stories to give hope to those who are overwhelmed and thus decide to take the step to get out of the situation of over-indebtedness in which they find themselves. This legislation allows individuals and the self-employed to be released from paying their debts if they meet a series of specific requirements. Specifically, it is necessary that the bankrupt act at all times in good faith, that he has not committed socioeconomic crimes in the ten years prior to the beginning of the process and that the amount of the debt does not exceed 5 million euros. For those who do not They can use this mechanism, the office also offers them the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages by analyzing the contracts with banks and financial entities to see if there is any type of abusive clause and thus be able to claim. to 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
