They forgive 144,000 euros of debt to a pensioner from Mairena del Aljarafe by the Second Chance Law

2023-08-01 07:34:08

He Mercantile Court No. 2 of Seville has notified the sentence exonerating 100% of the debt definitively to the Debt Assistance Association this week, allowing this pensioner to start from scratch financially.

The man, who had been a police inspector, is a disability pensioner. he worked as police inspector, but illness forced him to retire. After this, he decided to start a business, but it did not go as he expected. A situation that became complicated when he tried to help some relatives who were not in a good economic situation, so he requested some loans.

Unfortunately, in less than a year he found himself without a business, with debts and with a pension that made it impossible for him to cover his essential expenses and pay banks and financial institutions. His only source of income has been his pension, which did not exceed 1.000 euroswhich made it unfeasible to meet the monthly fee owed to all entities.

Then began the continuous recovery calls and threats of embargo against the Sevillian. as you comment Pepe Domingueza lawyer for the Debt Assistance Association, “this harassment is usually normal and causes the associate a situation of discomfort and stress that is impossible to face alone.”

After trying to negotiate on his own with banks and other creditors without success, he turned to the Debt Assistance Association. The lawyers of this entity with a national scope of action studied his situation and encouraged him to start the procedure of the Second Chance Law.

Requirements established by the Second Chance Law to cancel all debts To be eligible for the procedure, it is necessary to meet a series of requirements, which have changed with the bankruptcy reform. These are: the insolvency of the interested party, not having been in bankruptcy for the last 5 years and lacking crimes of a socioeconomic nature.

Once these budgets were verified, the final resolution was issued on July 5th, granting the BEPI (Benefit of Exemption for Unsatisfied Liabilities) has meant leaving this debtor free to pay 144.226,79 euros.

With this judgment, the bankrupt’s creditors will not be able to claim any more payment or include the ex-debtor in the defaulter file.