(Information sent by the signatory company)
Oviedo, December 18, 2023.
The exonerated woman went into debt to help a family member, later she was widowed and could not make the payments due with her pension.
"A woman, a resident of Oviedo (Asturias), came to us to benefit from the Second Chance Law because she had accumulated a debt of 37,171 euros with banks and financial companies." This is how the lawyers from Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, begin the story of this bankruptcy. "Their state of insolvency originated during 2008 when the debtor financially helped a family member of her husband who was in a situation of economic vulnerability. Later, she found it necessary to request a loan to be able to cover the most basic needs of her family unit. Added to this was the subsequent death of her husband. For this reason , requested new loans to pay the installments of those already requested and her ordinary expenses. However, with her pension, the lady could not afford everything." Now, thanks to Repair Your Debt Lawyers and the Second Chance Law, the bankrupt can start from scratch without debt after the Commercial Court No. 2 of Oviedo (Asturias) dictates the Benefit of Exoneration of Unsatisfied Liabilities (BEPI), thereby is released from the debts incurred. SEE JUDGMENT Repair Your Debt has helped, since it launched its activity in September 2015, many people in desperate situations who did not know where to ask for help. The credit repair company has more than 20,000 individuals and self-employed people who have put their case in its hands to reactivate the economy and start again from scratch. The lawyers of Repair Your Debt adapt to the different economic circumstances of their clients. In this sense, the objective is that none of the people in a situation of over-indebtedness are left without having a second chance to start again with more strength. This legislation allows both individuals and the self-employed to be freed from their debts if they previously comply with a series of requirements. In general terms, it is enough that the bankrupt has not been convicted for socio-economic reasons in the ten years before the process, that he acts in good faith without hiding assets or income and that the debt does not exceed 5 million euros. Since September 2022, after the reform, it is not necessary to try to reach a payment agreement with banks and financial entities.Repara tu Deuda Abogados has an app for Android and IOS, named MyRepara, which allows you to reduce even more the costs of the procedure, total control and that the lawyers can attend meetings via video call. For people whose case does not fit the second chance tool, Repara tu Deuda Abogados alternatively offers them the possible cancellation of cards credit, 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
