STATEMENT: Repara tu Deuda Abogados cancels €37,000 in Mallorca (Baleares) with the Second Chance Law

The exonerated, with three dependent children, got into debt after the death of her parents and having welcomed her sister.

STATEMENT: Repara tu Deuda Abogados cancels €37,000 in Mallorca (Baleares) with the Second Chance Law

The exonerated, with three dependent children, got into debt after the death of her parents and having welcomed her sister

Mallorca, August 9, 2023.- Repara tu Deuda Abogados, the leading law firm in Spain in the processing of the Second Chance Law, has achieved a debt cancellation in Palma de Mallorca (Balearic Islands). Through the management of Repara tu Deuda Abogados, the Commercial Court no. face. SEE JUDGMENT As the lawyers from Repara tu Deuda explain, her case is as follows: "her state of insolvency originated as a result of the death of her parents. For this reason, the debtor had to take care of her sister, only with her income. As the bankrupt already had three children, she had to request financing with the intention of being able to repay everything as soon as her sister found a job. Finally, with her income it was impossible for her to satisfy all the needs. Now she has her cancellation and can start a life free of debts". As recalled from Repair your Debt, "Spain was one of the European Union countries that took the longest to incorporate the Second Chance Law into its legal system, a mechanism provided for the cancellation of debts of the natural persons. It did so in 2015, a year after the European Commission's recommendation to start this mechanism". Repair your Debt Abogados was founded in September 2015. Since then, it has been able to help numerous individuals and freelancers who have resolved their doubts and have begun the procedure to reactivate themselves in the economy. More than 20,000 people have already started the process to have their second chance. The law firm has managed to exceed the figure of 160 million euros exonerated to its clients, who come from the different autonomous communities of Spain. The forecast is that this figure will continue to increase as a result of the greater knowledge of this law, the testimonies of exonerated persons who tell their story in the first person and the files that are already underway. This legislation allows individuals and the self-employed to be free of their debts if they meet a series of requirements. In general, it is essential that the amount of the debt does not exceed 5 million euros, that the bankrupt has not been convicted of socioeconomic crimes in the last ten years and that they act at all times in good faith, without hiding assets or income. Repara tu Deuda abogados has an app for Android and IOS, baptized with the name of MyRepara, to further reduce the costs of the procedure and allow total control, as well as so that lawyers can attend meetings by video call. For those who cannot be beneficiaries of this mechanism, the firm also offers them the alternative of canceling credit cards, revolving cards, mini-credits, loans and mortgages. It does this by studying the contracts signed with banks and financial institutions to check if there is any kind of abusive clause and claiming against Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc. Issuer: Repair your Debt Lawyers

ContactContact name: David GuerreroContact telephone number: 655956735

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