Bravo

Debt settlement and financial restructuring in Spain

Bravo is a financial-services company that describes itself as a specialist in settling debt and expanding access to credit for over-indebted consumers. Its main office is at Calle de Velázquez 50, fourth floor, in Madrid. The company says it operates in six countries in the Americas and Europe—Spain, Mexico, Colombia, Italy, Brazil, and Portugal—and has been in business for 16 years.

Programs to reduce and restructure debt

The company’s main service is a debt-settlement plan that, according to Bravo, may reduce amounts owed by as much as 60%. The process has several stages: an initial review of the customer’s financial situation; negotiations with creditors to seek the largest possible reduction on each debt; restoring access to credit that can be used to pay what is owed and reenter the credit system; and support throughout the process.

Bravo offers fixed payments tailored to each customer’s financial profile and says a strong payment history may help the customer qualify for credit. Its listed solutions include debt settlement, credit, refinancing, Spain’s Second Chance Law, and removal from delinquency databases such as ASNEF.

Spain’s Second Chance Law

Bravo handles the legal process under Spain’s Second Chance Law, a route the company says can cancel 100% of a person’s debts. It positions itself as an intermediary between debtor and creditor, aiming to build trust between both parties and facilitate settlement.

Who the service is for

The company targets over-indebted consumers who feel overwhelmed by their financial situation. It presents its approach as an alternative to taking out repeated loans, with the goal of helping customers restore their finances and get a second financial chance.

Presence and sponsorships

Bravo identifies itself as an official sponsor of Rayo Vallecano. The company says it has served more than 550,000 people, although another part of its information cites more than 450,000. It also says it has issued thousands of loans and settled thousands of debts.

Additional services and resources

Alongside its financial services, the company maintains an academy, financial reports, press and blog sections, a glossary, and frequently asked questions. Its listed services include financial advice, savings plans, refinancing, debt settlement, credit, and removal from ASNEF.

Location and contact

Calle de Velázquez 50, fourth floor, 28001 Madrid, Spain · Phone: +34 919 979 636 · Email: ayuda@gobravo.es