STATEMENT: Repair your Debt Lawyers cancels €350,000 in Tenerife (Canary Islands) with the Second Chance Law

(Information sent by the signatory company).

STATEMENT: Repair your Debt Lawyers cancels €350,000 in Tenerife (Canary Islands) with the Second Chance Law

(Information sent by the signatory company)

Tenerife, January 8, 2024.

The exonerated woman, after a medical leave, could not meet the loans she had requested for her family

Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, has achieved debt cancellation in Santa Cruz de Tenerife (Canary Islands). Through the management of Repair Your Debt Lawyers, the Court of First Instance No. 4 of Santa Cruz de Tenerife (Canary Islands) has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a woman with a debt of 350,000 euros to whom I couldn't cope. SEE JUDGMENTAs the lawyers of Repara tu Deuda explain, her case is as follows: "the debtor requested a loan for the family with the condition that they would pay it. Finally, they could not take care of it and she had to assume it. Months Later, due to a health problem, he was on medical leave and his income was drastically reduced. To pay the loans, he requested new loans and a large amount accumulated that he was not able to repay. According to Repara tu Deuda, " Spain incorporated the Second Chance Law into its legal system in 2015. It is a legislation whose origin must be located in the United States, more than 100 years ago. Although figures such as Walt Disney or Steve Jobs have embraced it "The majority of those who have done so are people unknown to almost everyone who cannot assume their debts. Their spirit is to offer a second chance to those who have experienced an apparent failure. In this way, the stigma they suffer unjustifiably is also eliminated." . Repara tu Deuda began its activity in September of the same year 2015. Since then, it has achieved a level of specialization such that it has been able to exceed the figure of 180 million euros exonerated to people who come from the different autonomous communities. The law firm has more than 20,000 people who have put their cases in their hands. Their goal is for them to be able to start again from scratch, reactivating the economy, and to also stop receiving distressing calls from banks and financial entities. It is expected that this figure will continue to increase in the near future due to the greater level of knowledge of this law and the fact that many talk to friends and relatives about this legislation. The lawyers at Repara tu Deuda are aware of the economic difficulties these people are going through. For this reason, they offer different payment methods that are suitable for those who begin the process. And the goal is not to leave anyone without a second chance. This legislation allows both individuals and the self-employed to be exempt from their debts if they meet a series of requirements. In general, it is sufficient that the bankrupt has not been convicted of socioeconomic crimes in the last ten years, that he acts in good faith at all times and that the amount owed does not exceed 5 million euros. For people who are not beneficiaries of the second chance tool, Repara tu Deuda Abogados offers the possible cancellation of credit cards, revolving cards, mini-credits, loans and mortgages. The legal office analyzes the contracts signed with banks and financial entities to check if there is any type of abusive clause and thus complain to Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc. .

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

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