DEUDAFIN

What DEUDAFIN is

DEUDAFIN is a law firm devoted to insolvency practice and Spain's second-chance law, Law 25/2015. It describes itself as a team of attorneys that appears directly before commercial courts throughout Spain rather than operating as an intermediary or administrative agency. The firm reports more than 500 proceedings, a success rate above 98% and over ten years of experience.

Services

• Advice and representation under Spain's second-chance law for insolvent individuals and self-employed workers
• Out-of-court mediation with creditors and certification when negotiations do not produce an agreement
• Filing a voluntary insolvency proceeding in commercial court, including document management and representation
• Seeking the legal discharge formerly known as BEPI, the benefit of exoneration of unsatisfied liabilities, for definitive debt relief
• Coordination with a procurador, the Spanish court representative required at certain stages

How the firm works

The process described by DEUDAFIN begins with a free consultation. Within 48 hours, the firm says it determines whether the client meets the requirements and outlines a strategy. It then attempts an out-of-court agreement with creditors; if that fails, it files the voluntary insolvency proceeding and seeks judicial discharge of the remaining eligible debt. The firm estimates 8 to 18 months for the full process, including 2 to 3 months for mediation.

Fees

Fees are calculated in proportion to the total debt included in the proceeding rather than from a fixed rate. Installment plans are offered according to the client's finances, and the initial consultation is free.

Contact

The firm serves clients throughout Spain from 9 a.m. to 7 p.m., Monday through Friday. Published contact details are 900 000 000 and clientes@deudafin.es.

The decisive first step is the eligibility review, because the legal route, required court representation and possible discharge depend on the debtor's individual circumstances.