Asturias, May 24, 2023.
The economic situation derived from COVID-19 meant that he could not get out of over-indebtedness
The Commercial Court No. 2 of Oviedo (Asturias) has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a man who has been exonerated from a debt of 100,000 euros. The case has been processed by Repara tu Deuda Abogados, the leading law firm in Spain in the Second Chance Law. SEE JUDGMENTAs the lawyers for Repara tu Deuda explain, “they requested the loan for the business premises, for which they had to pay the owner of the premises a transfer of €7,500 and a deposit of €13,000. Subsequently, a bank offered them two bank policies that were lent to them a year after compliance, which caused them to lose liquidity and add two more bills.In addition, they had to continue buying from suppliers to be able to offer products in the store and pay off the debts, but it was not In addition, the economic crisis and the drop in retail consumption at the national level gradually complicated the situation. Finally, as of March 2020 and due to the confinement, they had to continue paying all business expenses without having to income until everything became unsustainable.To all this, we must add the exorbitant inflation and the loss of purchasing power that forced them to change their location, strategy and way of working. Since the COVID-19 crisis, he has requested family help every month to cover ordinary expenses.” As in his case, many people turn to the Second Chance Law after seeking different solutions to their debt problems. They do so as a result of having suffered labor and/or personal difficulties.It should be noted that the Second Chance Law came into force in Spain in 2015. Since then, more than 20,000 individuals and self-employed workers have applied to use this tool to cancel the debts they have contracted and they cannot assume.Repara tu Deuda Abogados is the leading law firm in Spain in the application of the Second Chance Law.Since it was founded in September 2015, it has managed to exceed the figure of 140 million euros exonerated to people who they come from the different autonomous communities of the country and who have come out of the situation of anguish they found themselves in. To offer confidence to its clients, the firm publishes all the sentences handed down by the courts in which they have participated, available to anyone interested in consulting them.”It is important to note -explain the firm’s lawyers- that many clients tell their story of over-indebtedness and subsequent exit from this situation in the first person. Sometimes through direct testimony, and others through videos. In this way, many know the details and are encouraged to start the process. And it is that the exonerated have benefited from this law and want others to know the positive results of this mechanism.”Repara tu Deuda Abogados analyzes the cases of the people who come to them. In this way, it is possible to find out if meet the requirements to benefit from the Second Chance Law, which are that the amount of the debt does not exceed 5 million euros, that the bankrupt has not committed socioeconomic crimes in the last ten years and that he acts at all times good faith, without hiding assets or income.To those who do not meet the requirements, the office also offers the possibility of studying possible abusive clauses and thus canceling credit cards, revolving cards, mini-credits, loans and mortgages.Bertín Osborne, new image de Repara tu Deuda Abogados, collaborates with the law firm so that this legislation is much better known. new financing and stop receiving calls from banks and financial institutions. Therefore, having relevant figures who support us in this task is very important so that more people benefit.”
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735
