Barcelona, May 3, 2023.
The exonerated was forced to close two businesses, one of them due to COVID-19, and fell into a spiral of over-indebtedness
The Mercantile Court No. 11 of Barcelona (Catalonia) has issued the Benefit of Exemption of Unsatisfied Liabilities (BEPI) in the case of a man, a resident of Barcelona (Catalonia), being exonerated from a debt of 212,964 euros. The case has been processed by Repara tu Deuda Abogados, a leading law firm in Spain in the Second Chance Law. SEE JUDGMENT As explained by the lawyers of Repair your Debt, "its state of insolvency originated when the client requested financing for the sale of a home and also to undertake a business adventure. In this case, despite the initial income, after several months of losses, he was forced to close.He started a new business as a freelancer opening a stationery store, which also had to close as a result of the crisis caused by COVID-19.Due to all the financing requested to start said businesses, the debtor had to hand over his habitual residence as a dation in payment, leaving him with a remaining mortgage, which he has never been able to satisfy, since he has not had sufficient economic capacity for it". The Second Chance Law came into force in Spain in 2015. It is becoming more and more popular, which is why more people turn to this legislation to cancel the debts they have contracted and which they cannot afford. 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 having guarantees of success. For this reason, Repara tu Deuda Abogados publishes all the judgments of the cases in which they have participated, offering certainty to potential clients. In addition, some of the beneficiaries tell their success story firsthand to encourage others to start the process without fear. It is currently the law firm that has handled the most cases in Spain and also the one that has canceled the most debt to its customers. Thus, it has managed to exceed the figure of 135 million euros exonerated to people who come from the different autonomous communities. Those who do not meet the requirements for this procedure are also offered the possibility of canceling credit cards, revolving cards, mini-loans, loans and mortgages. Bertín Osborne, who has recently renewed as the image of Repair your Debt Abogados, collaborates in the dissemination of the cases. "This is legislation -declared the lawyers- that is allowing many people to start from scratch, without debts that drown them. This makes it necessary to have familiar faces that allow us to reach the largest number of individuals and freelancers".
Contact Contact name: David Guerrero Contact description: David Guerrero Contact telephone number: 655956735