A court in Malaga has granted the definitive discharge of unsatisfied debts to a self-employed entrepreneur who was dragged into insolvency following the non-payment and subsequent bankruptcy of his main client. The court decision means the legal forgiveness of a debt of more than 79,000 euros, including bank, tax and Social Security credits.
The debtor is a self-employed professional who was declared in voluntary bankruptcy proceedings without assets in February 2025, after proving he was unable to meet his financial obligations as a result of personally guaranteeing his company’s operations. An insolvency without assets is a proceeding in which there are no assets to be distributed…