STATEMENT: Repara tu Deuda Abogados cancels €16,000 in Ibiza (Baleares) with the Second Chance Law

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The debtor applied for loans for her father's funeral and to help her mother who had run out of income.

Ibiza (Balearic Islands), August 21, 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 Ibiza (Balearic Islands). Through the management of Repara tu Deuda Abogados, the Court of First Instance no. forehead. SEE JUDGMENT.

As the lawyers from Repara tu Deuda explain, her case is as follows: "the debtor came to this situation because when her father died she had to go to Ecuador, her country of origin. She requested loans to cover the expenses of the funeral and help her mother who had run out of income. Finally, she was unable to assume all the debts she contracted".

As recalled from Repair your Debt, "Spain incorporated the Second Chance Law into its legal system in 2015. We are facing legislation, born in the United States more than 100 years ago. It has been accepted by such relevant figures as Walt Disney or Steve Jobs. Most of those who have resorted to this tool are ordinary people who have fallen into a state of over-indebtedness from which they have not managed to get out. In this way, the social stigma suffered by those who have experienced some type of economic setback is broken." .

Repair your Debt Abogados was created in September 2015 to get out of its state of over-indebtedness. Since then, he has been able to help many people desperate due to the economic blockade in which they found themselves. The degree of specialization in the application of this legislation has led it to become a leader in this market, having exceeded the figure of 160 million euros exonerated to its clients.

The law firm has more than 20,000 clients, from all the autonomous communities of Spain. The forecast is that this figure will continue to increase due to the fact that this law is more widely known and, also, as a consequence of the fact that many of those exonerated decide to tell their story in the first person and thus encourage others to start the process.

This legislation allows the exoneration of the debt of individuals and the self-employed as long as it is previously demonstrated that the debtor has acted in good faith, that he has not been convicted of socioeconomic crimes in the last ten years and that the amount owed does not exceed 5 million euros. euro. For those who cannot use the second chance mechanism, the office also offers the possibility of canceling credit cards, revolving cards, mini-credits, loans and mortgages by analyzing the contracts signed with banks and financial institutions to check if there is any type of abusive clause and to be able to claim against Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku, etc.

ContactContact name: David GuerreroContact telephone number: 655956735