07
DEC 2015
Daniel R. Ruiz de Villa publishes an article about the mechanism of second chance
Daniel Rodríguez Ruiz de Villa, ONTIER lawyer.

Daniel R. Ruiz de Villa publishes an article about the mechanism of second chance


Spain
Daniel Rodríguez Ruiz de Villa, lawyer at the ONTIER Restructuring and Insolvency Department, publishes a new article about the system of second chance: ”How to get rid of debts with a salary of 2,500 euros.”

This mechanism of second chance came after the Spanish Royal Decree 1/2015 introduced Article 178 bis in the Act on Insolvency. After this chance, it is necesasary that the debtor requests the exoneration of the unpaid liabilities, after the Insolvency Proceeding has concluded with the realisation of all assets. 

To read the article, click on the following link. 



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