STATEMENT: Repara tu Deuda Abogados cancels €164,168 in La Laguna (Tenerife) with the Second Chance Law

(Information sent by the signatory company).

STATEMENT: Repara tu Deuda Abogados cancels €164,168 in La Laguna (Tenerife) with the Second Chance Law

(Information sent by the signatory company)

The law firm has 20,000 people from all over Spain who have put their case in their hands to benefit from the law

Repair your Debt Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a new debt cancellation in the Canary Islands. Through the management of Repara tu Deuda Abogados, the Court of First Instance No. 6 of San Cristóbal de La Laguna (Santa Cruz de Tenerife) has issued an exoneration of the unsatisfied liability in the case of a person with a debt of 164,168 euros who could not face. SEE JUDGMENT. As the lawyers from Repara tu Debt explain, his case is as follows: "he requested some loans for his needs. At first, he was assuming them without difficulties. The problem came when he lost his job. Not being able to face the loans and his monthly expenses, he asked for more credit to pay the previous ones. When he realized it, he entered a loop from which he could not get out. Now his debt is completely canceled and he can start again from scratch". Repair your Debt Abogados has 20,000 clients, from all the autonomous communities of Spain, who have put their case in their hands to be able to take advantage of the Second Chance Law and have a new life. The law firm began its activity in September 2015, the same year in which this legislation was approved. Since then, he has dedicated himself exclusively to the processing of this second chance mechanism. This high degree of specialization has led it to become the market leader, having exceeded the figure of 109 million euros exonerated to its clients. According to Repara tu Debt, "Spain incorporated the Second Chance Law into its legal system in approved by Parliament in 2015. This is legislation originating in the United States, a country in which it has been applied for more than 100 years. Individuals and self-employed individuals who suffer from over-indebtedness and they do not want to live drowned by payments that they will not be able to assume in several lifetimes". The lawyers of Repair your Debt are sensitive to the reality of these people, which is why they adapt the payments based on the economic possibilities of the potential beneficiaries of this legislation so that so they can have access to that second opportunity. This legislation allows canceling the debt of individuals and the self-employed if they meet a series of requirements such as that The debtor has acted in good faith or that the amount owed does not exceed 5 million euros.

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

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