The person got into debt to help family members who were outside of Spain

Terrasa, March 30, 2023.- Repara tu Deuda, the leading law firm in Spain in the Second Chance Law, has achieved another debt cancellation in Catalonia. This is the case of a person from Terrassa (Barcelona), to whom the Mercantile Court No. 05 of Barcelona (Catalonia) has granted the Benefit of Exoneration of Unsatisfied Liabilities (BEPI), releasing her from a debt that amounted to 96,585 euros. SEE JUDGMENT The lawyers of Repair your Debt explain the story to us: "his state of insolvency originated given the current impossibility of meeting all his monetary obligations, as a result of personal over-indebtedness. In this sense, it must be specified that the loans They were requested to help his family members, who were outside of Spain. With the income he received, he could not afford the loans and requested money from the bank. However, his income was reduced with the arrival of COVID -19 and had to stop paying to cover their most basic and necessary needs". The Second Chance Law came into force in Spain in 2015. Recently, in September 2022, there has been a reform of this legislation. The objective is to facilitate access through a simplification of the process, which also implies a reduction in the time necessary for the exoneration of debts. This tool is increasingly popular among Spanish households. The dissemination of the cases and the work of some clients who have already managed to start from scratch are some of the keys for this option to have entered with force among the different layers of society. In fact, there have already been more than 20,000 individuals and self-employed workers who have put their case in the hands of the firm to reactivate themselves in economic life.Repara tu Deuda Abogados is the law firm specialized in the Second Chance Law, a pioneer in Spain and also the one that has carried the most cases in the country. In addition, it is the one that has canceled the most debt, having exceeded the figure of 130 million euros canceled to its clients. Among the tasks of the law firm, there is also the cancellation of credit cards, revolving cards, mini-loans, loans and mortgages. It is important to highlight that the people who have accepted the Second Chance Law belong to all the autonomous communities from Spain. In recent times, the cases have increased and the forecast is that there will be more and more exonerated, also due to the high number of procedures that are in process. "We have made large investments to publicize the Second Chance Law throughout the country and we have been the ambassadors of the Second Chance Law since our beginnings in Catalonia," the lawyers explain. The Second Chance Law allows individuals and the self-employed to cancel their debts whenever they are in a state of insolvency. To make it possible, it is necessary that the amount of the debt does not exceed 5 million euros, that the bankrupt has not committed any socioeconomic crime in the last ten years and that he acts at all times in good faith.

ContactContact name: David GuerreroContact telephone number: 655956735

Issuer: Repair your Debt Lawyers