STATEMENT: Repair your Debt cancel €15,000 in Las Palmas de Gran Canaria with the Second Chance Law

(Information sent by the signatory company).

STATEMENT: Repair your Debt cancel €15,000 in Las Palmas de Gran Canaria with the Second Chance Law

(Information sent by the signatory company)

As a consequence of the crisis caused by COVID-19, the bankrupt had to close the bar he ran

Las Palmas de Gran Canaria, April 15, 2024.- Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, has achieved debt cancellation in Las Palmas de Gran Canaria. Through the management of Repair Your Debt Lawyers, the Commercial Court No. 3 of Las Palmas de Gran Canaria has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a man with a debt of 15,000 euros to which he could not face. SEE JUDGMENTAs the lawyers of Repara tu Deuda explain, his case is as follows: "his state of insolvency arose when he requested financing to undertake a business venture, that is, a bar, as well as the inherent expenses. At first he had no problem However, as a result of COVID-19, his business was affected by not being able to open its doors. Subsequently, the opening of his business was only partial and he had no choice but to cease operations. activity. Therefore, its purchasing power and its ability to repay were reduced, relegating the payment of credit installments behind the ordinary and recurring expenses of each month." As recalled from Repara tu Deuda, "Spain approved the Second Law. Opportunity in 2015. Born in the United States more than 100 years ago, it has been welcomed by such relevant figures as Walt Disney and Steve Jobs. It seeks to offer a second chance to all those people in a situation of over-indebtedness so that they do not have to live. drowned by payments that they will not be able to assume. This also eliminates the stigma suffered by those who have experienced economic setbacks." Repair Your Debt began its work as an expert in this legislation in September 2015. In all this time it has accumulated such experience that it has led it to exceed the figure of 200 million euros exonerated. This amount grows every day due to the fact that more and more people are aware of this legislation and also to the high number of files that are being processed daily. The law firm has more than 23,000 clients, from the different autonomous communities in Spain. Some of them come after having heard the testimony of others who have explained what their history of over-indebtedness was and how they managed to free themselves from all their debts through this mechanism. This legislation allows individuals and self-employed workers to say. 'goodbye' to all your debts if they meet a series of specific requirements. In short, it is enough that the bankrupt has not been convicted of socioeconomic crimes in the last ten years, acts in good standing throughout the process and is in a current state. or imminent insolvency. In parallel, the office offers the possibility of analyzing contracts signed with banks and financial entities. In this sense, the objective is to check if there are abusive clauses for the cancellation of credit cards, revolving cards, mini-credits, loans and mortgages and to be able to claim from Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc. Issuer: Repair your Debt Lawyers

Contact Contact name: David Guerrero Contact description: Press Officer Contact telephone number: 655956735