Is it legal to stop paying the bank?

Absolutely. Law 25/2015 allows for 100% debt cancellation if requirements are met. It's a right, not a favor.

Why doesn't my bank tell me this?

Because they lose money. Their business is keeping you chained to abusive interest rates. We reveal what they hide.

How long does it take?

Between 4 to 8 months on average. But from day one, you legally stop paying and all foreclosures are halted.

The 2026 aid programs and deadlines are now open. Check which ones you qualify for.See 2026 aid

Updated guide 2026

Spain's Second Chance Law for debts you cannot pay

If you cannot pay and act in good faith, a Spanish court can cancel your debts, with limits: public debt only up to €10,000 each with the Tax Agency and Social Security, and mortgages and child support are not cancelled.

Take the solvency test (Spanish)Which debts are cancelled

Free and anonymous: no name, email or phone. Guidance only, not legal advice.

Get information on 2026 aid (in Spanish)

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