STATEMENT: Repara tu Deuda Abogados cancels €31,901 in Palma de Mallorca (Baleares) with the Second Chance Law

(Information sent by the signatory company).

STATEMENT: Repara tu Deuda Abogados cancels €31,901 in Palma de Mallorca (Baleares) with the Second Chance Law

(Information sent by the signatory company)

Palma de Mallorca, January 30, 2023.

As a result of her divorce, she began to request credits for ordinary expenses and the maintenance of her son, but she could not get out of the loop of over-indebtedness in which she found herself

The Court of First Instance No. 4 of Palma de Mallorca (Baleares) has issued a Benefit of Exoneration of Unsatisfied Liabilities (BEPI) in the case of a person with a debt of 31,901 euros that he could not assume. The case has been processed by Repara tu Deuda Abogados, a leading law firm in Spain in the Second Chance Law. SEE JUDGMENT"In his case -explain the lawyers of Repair your Debt- he began in this situation as a result of his divorce in 2008. He had to leave the place where he lived with his ex-partner together with his son. In addition, he did not pay him child support which, together with the low income he had, meant that he could not meet his most basic expenses.As a consequence of the above, he requested credits to pay the rent and cope with the day to day.However, There came a time when he had to assume maintenance costs for the vehicle and other extraordinary expenses. With the arrival of COVID-19 his income fell and, therefore, he decided to start the process."It must be said that the Second Chance Law is a tool that came into force in Spain in 2015. It is an effective mechanism for insolvent people to cancel the debts they have contracted and that, due to different circumstances, they are not able to assume. In order to have To be certain of success, it is necessary to have professional, specialized personnel with experience in the processing of this legislation. In this sense, with the idea of ​​offering guarantees to its clients and potential clients, Repara tu Deuda Abogados makes available to any interested party the judgments of the cases in which they have participated. The law firm has managed to exceed the figure of 120 million euros to its customers, who come from all the autonomous communities of Spain. Given the current economic situation, the forecast is that this figure will continue to grow gradually, at the level of other countries such as Italy, Germany or France where this legislation has been processed for more years and where they manage more than 100,000 cases. More than 20,000 individuals and the self-employed have placed their history of over-indebtedness in the hands of Repara tu Deuda Abogados in order to reactivate themselves in the economy, get off the delinquency lists and register assets in their name. Second Chance is enough to meet a series of basic requirements. In general terms, it is enough that the amount of the debt does not exceed 5 million euros, that the bankrupt has not been convicted with a final sentence for socioeconomic crimes in the last ten years and that his good faith is demonstrated by having been helpful throughout the process.

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

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