A Alicante court cancelled 264.000 euro debt To a businessman who can no longer cope with the loans that have suffocated as a result of the epidemic leaving him without income. Most of these debts are dental clinicThe loan that had to be closed years ago even though the man still had to continue to face the loans he was claiming. The acquitted person had to close the dental clinic, where he worked for someone else, until he became unemployed due to Kovid-19. The situation that compels him to demand new loans and borrow even more. The man was represented by the law firm Repair Your Debt Lawyers who canceled their debt of 264 thousand euros in Alicante, Second Chance Law.
Fix Your Debt is a law firm that specializes in Second Chance Law issues and has yet another debt cancellation with the implementation of this tool. It’s about a man’s situation Alicante Commercial Court two By awarding the Unsatisfied Liability Clearance Benefit (BEPI), it freed the bankrupt from a debt of 264,000 euros.
According to sources at the firm, “his bankruptcy status It arose as a result of the borrower requesting multiple loans to open a dental clinic in 2009. Initially, the business was generating the necessary income to cover all personal expenses and to cover the installments of the loans requested. However, in 2011 and after several months of losses it has decided to shut down. The borrower was working for someone else to try to pay off the outstanding loan, but never had the necessary business stability to be able to pay the loan installments. He was unemployed for 6 months when the pandemic cameTherefore, it was necessary to apply for new loans to cover at least the most basic expenses”.
Second Chance Act approved Parliament in 2015. In the same year, the firm Repara tu Deuda Abogados was founded to offer a way out of the excessive indebtedness of many individuals and freelancers. “This tool is increasingly known to people of different profiles who have already placed their cases in the hands of the firm,” the firm’s sources said.
laundered debts
In this sense, they underlined that Repara tu Deuda Abogados is the law firm that specializes in Second Chance Law, handles the most cases and cancels the most debts in Spain. Actually so far It managed to exceed the cleared debt figure of 170 million euros and it is predicted to continue to grow due to the large number of files in progress.
It should be noted that the beneficiaries of the Second Chance Law They belong to all the autonomous communities of Spain. “We’ve invested heavily in expanding the Second Chance Act across the country. During this time, we’ve been able to confirm that we’re in front of a mechanism that’s getting closer and closer to people in bankruptcy.”
The Second Chance Act allows both individuals and the self-employed to get out of debt if they meet a set of conditions. In general, bankruptcy is sufficient. not be convicted of socioeconomic crimes in the ten years preceding the process always cooperate as a debtor in good faith and that the amount of debt does not exceed 5 million euros.
For those who cannot benefit from this mechanism, the law firm also offers: cancel credit cards, revolving cards, mini loans, loans and mortgages. It does this by examining contracts signed with banks and financial institutions. see if there are any abusive substances and making claims against Cofidis, Moneyman, WiZink, Carrefour, Vivus, Banco Santander, CaixaBank, BBVA, Banco Sabadell, myKredit, Kviku etc.