His business partner died. All the debts fell on him and he was unable to make the payments due.

Murcia, October 16, 2023.- Repara tu Deuda, Spain's leading law firm in the Second Chance Law, has managed to cancel a man in Murcia's debt that amounted to 62,925 euros by applying this tool. SEE JUDGMENT

The lawyers of Repara tu Deuda explain their story: "after the death of his partner, the business did not go well. From then on, all the debts fell on him. He tried to refinance the loans and requested cards to be able to keep going. With the time and the interest he paid, it became increasingly more difficult for him to assume those installments. Ultimately, he had no choice but to take advantage of this mechanism.

Now, thanks to Repara tu Deuda Abogados and the Second Chance Law, the bankrupt can start over without debt after the Court of First Instance and Instruction No. 2 of Totana (Murcia) dictates the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in his case.

Repair your Debt Lawyers began its legal work precisely in 2015, the same year in which the law came into force in Spain. Currently, it has exceeded the figure of 170 million euros in debt cancellation for its clients thanks to the application of the Second Chance Law.

The law firm handles the majority of Second Chance Act cases in the country. It represents in court more than 20,000 people who come from the different autonomous communities. The forecast is that this figure will continue to increase in the near future as a result of the fact that more and more individuals and self-employed workers are aware of this law and the telephone and face-to-face inquiries that are received daily.

The profile of those who benefit from the Second Chance Law is very varied: parents who guaranteed their children for the purchase of an apartment, small businessmen who started a business or who made investments with negative results, people who are in unemployment situation or who have suffered complicated work circumstances, individuals who have been victims of some type of deception, etc.

For those who cannot use this mechanism, the office also offers the option of analyzing the contracts signed with banks and financial entities. 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 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