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The exonerated is a person with a temporary disability and an orphan's pension

Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a new debt cancellation in Gijón (Asturias). Through the management of Repara tu Deuda Abogados, the Court of First Instance No. 10 of Gijón (Asturias) has issued an exoneration of the unsatisfied liability in the case of a man with a debt of 44,209 euros that he could not meet. SEE JUDGMENT

As the lawyers for Repair your Debt explain, his case is as follows: "everything has its origin in a series of loans and credit card contracts signed in recent years. He was unable to pay the amounts. The exonerated only receives a series of income derived both from the provision for temporary disability that is recognized by the INSS and from the absolute orphan's pension that enters the public social protection system".

As recalled by Repara tu Deuda Abogados, "Spain incorporated the Second Chance Law into its legal system in 2015. This is legislation that originates in the United States, a country in which it has been in force for more than 100 years. relevant figures such as Walt Disney or Steve Jobs have accepted it. Most of those who do so are ordinary people who have been involved in a situation of over-indebtedness that they have not sought. And it is that the spirit of this mechanism is that of offering a second chance so that they do not have to live drowned by payments that they will not be able to assume. In addition, the social stigma that they suffer despite not having committed any type of crime, but only having suffered some economic setback, is eliminated."

Repair your Debt Lawyers was created in September 2015. Since then, it has been able to help many people who were desperate for their debts. In fact, the high degree of specialization in the application of this legislation has led it to become a clear benchmark in this market for debt cancellation of individuals and the self-employed, having exceeded the amount of 130 million euros canceled to its clients, who come from of the various autonomous communities of Spain.

The law firm has 20,000 clients who have put their story of over-indebtedness in their hands to start a new life. Some of them have already managed to reset the counter to zero and reactivate themselves in economic life. Others are already in the processing phase awaiting the achievement of the exoneration of their debts.

The lawyers of Repara tu Deuda adapt to each case according to the economic capacity of their clients. His idea is that no potential beneficiary is left without a second chance to reactivate themselves in the economy, get out of the delinquency lists, register assets in their name and access new financing.

This legislation allows individuals and the self-employed to be exonerated from their debts as long as they previously meet a series of requirements. In general terms, the person in a state of insolvency cannot have a debt greater than 5 million euros, must act at all times in good faith, providing the required documentation, and cannot have been convicted of socioeconomic crimes in the ten last years.

Contact Contact name: David Guerrero Contact description: Contact phone: 655956735