At Prosperi Ordinas Abogados we treat these cases with great care because we know what is behind them: sleepless nights, non-stop calls, anguish and a constant feeling of not getting there. Our job as debt relief lawyers in Mallorca is to give you a safe space to understand your situation, to study your case rigorously and to guide you in a procedure that, if carried out well, can be a complete liberation.
The Second Chance Law is, in essence, a mechanism for obtaining debt exemption, totally or partially, when a person who is trapped in a financial situation that he or she can no longer recover from.
It is not an automatic process, nor is it granted in any way. It requires demonstrating good faith, providing documentation and following specific steps. But when it fits, it is a before and after for the applicant. It is an end to a difficult chapter and the beginning of a new, lighter and more humane one. That is why it is so important to have a debt cancellation lawyer who knows how to present the case and what details can make the difference before the courts in Mallorca.
Our firm takes a very human approach to this procedure. Most of the people who come to us do not only bring bills: they bring stress, tiredness, fear, constant calls from creditors and the feeling that there is no way out.
That is why our work as debt relief lawyers in Mallorca goes beyond the formalities.
We study your situation calmly - debts, income and context - to give you a clear and realistic picture before you start any proceedings.
We draw up a plan adapted to your case, prepare the documentation and take care of all the formalities so that the process moves forward smoothly.
We guide you through the whole procedure, answer your questions and keep you up to date with every step of the way so that you feel supported every step of the way.
Not all law firms work with this law in the same way. The procedure requires sensitivity, technical knowledge and precision. Choosing a debt relief lawyer makes a difference because:
t significantly reduces errors in the file.
It speeds up procedures.
Improves clarity in negotiations.
It provides legal certainty at all stages.
Avoids situations that may prejudice the final exoneration.
Furthermore, as we work from Mallorca, we know the local courts, their timings and the documentation that works best in each procedure.
Active Listening
Before we talk law, we listen to your story calmly. It is impossible for us to help you well without understanding what is troubling you, how you got here and what you hope to achieve.
Clarity
We explain the process in simple, straightforward words, so that you have a true picture of your options without any technicalities or false expectations.
Actual Specialisation
We work daily on cases of second chance law in Mallorca. We know what documentation is key, what mistakes to avoid and how to present your dossier to maximise your chances of success.
Guidance
We don't leave you at any time. We inform you of every step, resolve doubts instantly and take care of the paperwork to avoid stress and unnecessary calls.
Legal Certainty
We review everything in detail so that the procedure proceeds without errors: documents, deadlines, supporting documents and any other aspect that may influence your exoneration.
Human Approach
We know that behind every debt there is an emotional toll. Our commitment is to guide you with respect, empathy and the peace of mind of knowing that you have a team by your side.
In this section you will find clear answers to the doubts that often arise before starting a debt cancellation procedure. The idea is to give you a simple, realistic and easy-to-understand overview of how the Second Chance Law works and what you can expect from the process.
The Second Chance Law makes it possible to cancel many common debts in Mallorca:
Personal loans, credit cards and revolving credit cards, microcredits and quick loans, debts with financial institutions, debts arising from self-employment, family guarantees, debts with suppliers and personal debts accumulated due to unforeseen situations.
In some cases, the possibility of reducing or eliminating tax and social security debts may also be considered, provided that the requirements set out in the regulations are met.
Our role as debt cancellation lawyer is to assess each of them and determine what percentages could be exempted.
One of the most common beliefs is that only people in extreme situations or with very high debts are eligible. The reality is different. The Second Chance Law is designed for individuals and the self-employed in Mallorca who meet these conditions:
They cannot realistically meet their debts, have acted in good faith and have not concealed assets, have not committed economic crimes, do not have sufficient assets to repay what they owe, and can prove actual income and expenses.
Each case has its own nuances and it is important to analyse them calmly. That is why, before starting the procedure, we carry out a detailed study to assess the feasibility and explain clearly what you could achieve.
Once you are discharged, the debts no longer legally exist and you can focus on rebuilding your financial situation. If you need further guidance - new procedures, doubts or any additional steps - we are still here to help you.
Yes, most people who start the process have different debts: loans, cards, microcredits or outstanding amounts as a self-employed person. The important thing is to analyse your entire situation and check that you really can't afford these payments. That is the first step and we do it with you from the beginning.
