BGD Abogados · Madrid
The Spanish second-chance framework can be relevant to individuals facing insolvency. We assess the available route, the debts involved and the consequences for assets and financial commitments.
Discuss your caseWe identify each creditor, the nature and origin of the liability, any security or guarantee and the stage of collection. The review also considers income, living costs and assets so that the options can be explained in context.
You do not need to arrive with a perfect file. Bring what is available and identify any documents still missing, especially where a formal date or deadline is involved.
The assessment should explain which debts need special treatment, what information is still missing and the practical consequences of the possible route. A proposed plan and a debt discharge are different outcomes; neither should be assumed before the case is assessed.
No blanket promise is appropriate. Eligibility, exclusions, the type of liability and the court's decision must be considered. We explain the expected scope and limitations after reviewing the file.
Call the Madrid office or use the enquiry form. Explain the main facts and any relevant deadline. We will identify the information needed and the scope of any proposed work.
Debt relief and insolvency
Spain's second-chance framework requires an individual assessment of debts, assets, income and the circumstances of insolvency. We explain which route may be relevant and what a discharge would mean for your situation.
Read moreDebt relief and insolvency
Debt discharge is a legal process with conditions and exclusions. We review the types of debt, creditor information and your financial position before assessing whether the Spanish second-chance framework may help.
Read moreDebt relief and insolvency
A borrower and a guarantor do not necessarily have the same legal position. The wording of the guarantee, the creditor's demands and any insolvency proceedings must be reviewed separately.
Read moreDebt relief and insolvency
Public debt has particular rules and limitations. Obtain an up-to-date breakdown of Social Security liabilities and enforcement notices before assuming that all or part of the balance can be discharged.
Read moreDebt relief and insolvency
Fees depend on the work required, the documents available and the procedural route. Ask for a written proposal setting out what is included, payment arrangements and any separate professional costs.
Read moreDebt relief and insolvency
A realistic estimate should cover the stages likely to be needed and explain any costs outside the lawyer's fees. We review the file before proposing a scope of work.
Read moreContact BGD Abogados
A brief explanation helps us identify the relevant documents and the next step. Mention any deadline or formal notice you have received.
+34 91 186 30 81
info@bgdabogados.com
Calle Velázquez 27, 1º Ext. Izda., 28001 Madrid, Spain.
Monday–Friday, 08:00–20:00 (Madrid time).
