Madrid, April 17, 2023.
The delay in payments by his clients and a trip to attend to his sick mother led him to a debt that he could not repay.
The Mercantile Court No. 03 of Madrid has issued the Benefit of Exemption for Unsatisfied Liabilities (BEPI) in the case of a married couple in Madrid who have thus been exonerated from a debt of 112,776 euros. The case has been processed by Repara tu Deuda Abogados, the leading law firm in Spain in the Second Chance Law. SEE JUDGMENTAccording to the lawyers of Repair your Debt, "his state of insolvency originated from the fact that he decided to open a business as a fiber optic installer at a national level in 2015. Different projects were coming out that he was facing assuming the cost of materials, room and board without first receiving any kind of payment. A few months later, he was delayed in payments on different projects and had to assume the payment of suppliers and his own personal needs through credit cards. In addition, for Unfortunately, in 2017 the debtor had to make an urgent trip to his country of origin due to a worsening of his mother's health, with the consequent expense. In order to be able to assume it, he requested a new loan. Upon his return, the situation of the business It did not improve and he was requesting new credits to cover other creditor defaults, and in turn, he was expanding the credit of the previous ones to pay installments of other loans. The situation became truly untenable". The Second Chance Law was approved by the Spanish Parliament in 2015. The same year it was approved, the law firm was created to offer a solution to those who need to cancel the debts they have contracted and cannot assume. Although there is still some ignorance, more and more people are trying to take advantage of this legislation. More than 20,000 individuals and freelancers have started the process with the firm to reactivate themselves in the economy and start a new life from scratch. Putting yourself in the hands of a professional and specialized law firm is key to succeeding in the process. In this sense, Repara tu Deuda Abogados publishes the cases in which it has participated, available to anyone interested in consulting the details, offering guarantees of success to those who begin the process. Bertín Osborne, the new image of Repara tu Deuda Abogados, collaborates with the law firm so that the law reaches more people. "This is legislation -declared the lawyers- that allows indebted people and those closest to them to breathe with relief, making it easier for them to have a new life by eliminating debts that are impossible to assume". To be a beneficiary of the second chance mechanism, it is essential to meet a series of conditions. In summary, it is enough that the insolvent does not exceed 5 million euros in debt, that he has not been convicted of socioeconomic crimes in the last ten years and that he is considered a debtor in good faith, being transparent and collaborating throughout the process. . Currently, the law firm has paid more than 130 million euros to its clients, who come from all the autonomous communities of Spain. Among its objectives is also the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages.
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735
