For many, the Second Chance Law remains a great unknown. However, it may be the solution for those people who are facing financial devastation and cannot pay off their debts. In this sense, Lawyers for your debts, a leading company in the debt cancellation sector, has announced a new round of financing from Impact-partners to strengthen the Second Chance Law market.
The company has allocated part of the funds obtained in this round to expand its research, development and innovation (R D i) team, with the aim of offering a unique and disruptive solution in the bankruptcy law market. One of the fundamental pillars of this solution is the economic study, which makes it possible to identify the type of consumer debt and provide a final solution in a fully automated way.
In addition, Lawyers for your debts has improved the client portal that simplifies the management of the documentation required to present the file to the court. This platform not only facilitates the process of uploading and submitting documents, but also helps in obtaining the necessary legal documentation. In this way, the time and effort required to complete the legal procedures is considerably reduced.
In this line, the Spanish legal firm has recently launched its new website as well as the adaptation of its corporate image, giving a new air to the brand that was born in 2017.
The new round of capital from Impact-partners reinforces its commitment to technology and innovation, thus facilitating and democratizing access to the Second Chance Law.
Elena Rico from Impact-partners points out: “We are proud to continue supporting Lawyers for your debts in their development. Thanks to its innovative offer and its unique software, the company offers personalized support and a second chance to people in debt. This reinvestment confirms our commitment to a fairer and more social Europe”.
Thanks to its own software, the company has managed to simplify the bureaucratic part of the legal process, while offering permanent communication between the client and the legal team in charge of their file. This combination of closeness and legal knowledge with the efficiency and immediacy of technology has proven to be a successful formula for canceling debts. Such is the case that the times for filing a claim, once all the client’s documentation is available, range from 2 to 30 days.
With a record that already exceeds 31 million euros in canceled debts, Abogados para tus deudas is consolidated as a leading company in the Second Chance Law sector in Spain. Its commitment to digital transformation has made it possible to break with the territorial imbalance that historically existed, expanding access to this law to all people in Spanish territory. Now, the legal process can be carried out comfortably from home, using a mobile phone, which implies greater independence and savings in procedures that slow down the process.
The future of the Second Chance Law goes through digital transformation, and Abogados para tus debtas is committed to leading this change. With the new round of financing, the company is preparing to offer an optimal legal service, adapting to the needs of the market and the demand of its clients. The Spanish firm continues to work to provide a comprehensive and efficient solution to people affected by over-indebtedness, reaffirming its position as a benchmark in the Second Chance Law market.
