STATEMENT: Repair your Debt Lawyers cancels €61,000 in Madrid with the Second Chance Law

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The debtor separated, had to pay alimony and, in addition, had his own car stolen

Madrid, April 29, 2024.- Repara tu Deuda Abogados, a leading law firm in Spain in the processing of the Second Chance Law, has achieved 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 man who had accumulated a debt of 61,000 euros to which he could not could cope. As the lawyers from Repara tu Deuda explain, his case is as follows: "his state of insolvency arose as a result of his vehicle being stolen and he requested financing to acquire a new one. This fact was combined with the separation and the relevant expense in lawyers and others, which ended with the award of alimony. The debtor requested loans with the intention of being able to repay everything little by little, but he began to accumulate unpaid installments. Debt, "Spain was one of the countries in the European Union that took the longest to incorporate the Second Chance Law into its legal system, doing so in 2015. We are facing a mechanism recommended by the European Commission to offer a successful solution to the problems of over-indebtedness of individuals and the self-employed."Repara tu Deuda Abogados has helped, since it was founded in September 2015, numerous people in a state of insolvency. More than 23,000 individuals and self-employed workers have put their case in the hands of the pioneering firm in the application of this mechanism with the aim of starting a new economic life from scratch. The lawyers at Repara tu Deuda adapt to each case and offer different payment methods with the aim that no one is left without a second chance. Furthermore, the human factor is one of the cornerstones of this project, since many come to them after having had a bad time for a long period of time.Repara tu Deuda Abogados has an app for Android and IOS, named after name of MyRepara, which allows a reduction in the costs of the procedure, process control and video calls. All of this facilitates direct communication between the firm and its clients. The firm can also analyze contracts signed with banks and financial entities. In this sense, the objective is to check if 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.

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