STATEMENT: Repair your Debt Lawyers cancels €90,000 in Madrid with the Second Chance Law

(Information sent by the signatory company).

STATEMENT: Repair your Debt Lawyers cancels €90,000 in Madrid with the Second Chance Law

(Information sent by the signatory company)

His insolvency arose when he requested financing to help his son cover his expenses, since he was in a precarious situation.

Madrid, February 12, 2024.- Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, has achieved a new debt cancellation in Madrid. Through the management of Repara tu Deuda Abogados, the Commercial Court No. 6 of Madrid has issued the Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a woman with a debt of 90,000 euros that she could not meet. SEE JUDGMENTAs the lawyers of Repara tu Deuda explain, her case is as follows: "she caused her insolvency by requesting financing to help her son who was in a precarious situation to cover his expenses. This caused the debtor to not be able to cover her expenses. own, so he was forced to request other credits to survive and cover basic expenses. All of this led to a state of over-indebtedness. According to Repara tu Deuda, Spain approved the Second Chance Law in the year 2015. We are facing legislation whose origin must be located in the United States. In this country it has been in force for more than 100 years, and such relevant figures as Walt Disney or Steve Jobs have taken advantage of it. The spirit of this legislation is to offer a second chance to people who cannot pay their debts despite the efforts made. Repair your Debt launched its work as a legal firm in September 2015. Since its inception, it has been able to help people see the light in the face of all their debt problems. And, in terms of figures, it should be noted that at this time it has managed to exceed the 190 million euros exonerated to people of diverse origins. The law firm has more than 22,000 clients, who respond to very different profiles and whose union point is the desire to reactivate the economy. It is expected that this amount will continue to increase in the near future because many decide to talk to other people to start the process and because the level of knowledge of this law is increasing. This legislation allows the exoneration of the debt of individuals and the self-employed as long as it is demonstrated that the bankrupt is in a current or imminent state of insolvency, that he has acted in good faith and has not been convicted of socioeconomic crimes in the last ten years. For people who cannot use this mechanism, the office also offers the possibility of analyzing the contracts signed with banks and financial entities. And the objective is to analyze whether 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