What Are Revolving Cards And Why They Can Be Abusive Revolving cards are a type of financial product that allows users to make purchases or have money on credit, returning the amounts in flexible monthly installments. What differentiates these cards from traditional credit cards is that the installments are usually small and, in many cases, only cover the interest generated, leaving the outstanding capital practically intact. This system can generate a debt that extends indefinitely, known as “revolving debt”. In principle, revolving cards seem an attractive solution to have money immediately without a significant impact on the monthly budget. However, many contain conditions that can be considered abusive, which has generated numerous legal claims in recent years. The main problem lies in the interest rates applied to these cards, which are usually extremely high, often exceeding 20% ​​APR (Annual Rate Equivalent). This type of interest is classified as usurious by the Law on the Suppression of Usury when it exceeds normal market limits. In 2020, the Supreme Court declared on several occasions that these interests can be considered abusive, which opens the door to the cancellation of the contract and the recovery of the amounts paid in excess. In addition, the lack of transparency is another factor that makes revolving cards a potentially harmful product for consumers. Many financial institutions do not clearly explain the conditions of the contract, the interest rates applied or the consequences of choosing very low monthly installments. As a result, users can end up trapped in a cycle of debt that grows over time instead of decreasing. Another critical aspect is the financial impact that these debts can have on consumers, who are often unaware of the real financial burden until the debt becomes unsustainable. This can lead to legal problems, such as lawsuits for non-payment, and serious psychological repercussions, such as financial stress. If you are the holder of a revolving card and suspect that it contains abusive clauses, it is important to seek legal advice. A specialized lawyer can help you analyze your contract, calculate the money you could recover, and claim against the financial institution. This type of claim not only protects your rights as a consumer, but also promotes greater transparency in the financial sector. Envieu la vostra consulta als nostres advocats Nombre: Email Teléfono Comentarios: He llegit i accepto la política de privacitat Protección de Datos En cumplimiento de la Ley Orgánica 15/1999 de protección de datos de carácter personal, de 13 de Diciembre, Actum Advocats le informa que sus datos personales se incluirán en ficheros informatizados titularidad de Actum Advocats, que será el único destinatario de estos datos. Su exclusiva finalidad es la gestión de clientes y acciones promocionales y tiene la posibilidad de ejercer los derechos de acceso, rectificación, cancelación y oposición previstos en la ley mediante una carta o email dirigidos a Actum Advocats (datos de contacto en pie de página).

The lawyers’ blog Buying a home in Spain is a dream for many. The climate, culture and quality of life are just some of the attractions that make this country an ideal destination for investing in a property. However, before making this decision it is essential to know the legal aspects that govern this transaction, especially if you are a foreigner. 1. Legal advice: The first and most important thing is to have a lawyer specialized in real estate law. A professional will guide you through the entire process, from searching for the property to signing the public deed.</ strong> The lawyer will be in charge of verifying the documentation, negotiating the terms of the sale and protecting your interests. 2. Type of property: In Spain, you can buy different types of property: New homes: These are those that have been built recently and are usually subject to VAT. Second-hand homes:These are those that have already been inhabited and are subject to the Property Transfer Tax (ITP). Single-storey homes: These are those that are under construction and are purchased before completion. 3. Required documentation: To complete the purchase, you will need the following documentation: NIF (Foreigner Identification Number): This is the equivalent of the DNI for foreigners. Valid passport: This is essential to prove your identity.Certificate of residence: If you live in Spain, you must present this document. Proof of funds: You must prove that you have the necessary funds for the purchase. purchase. 4. Purchase costs: In addition to the price of the property, you must take into account the following expenses: Taxes: VAT or ITP, depending on the type of property. Notary: The costs of the public deed. Property Registry: To register the property in your name. Agency: If you hire the services of an agency to carry out the procedures. 5. Mortgages: If you need financing, you can apply for a mortgage from a Spanish bank. The requirements and conditions vary depending on each bank, so it is advisable to compare different offers. 6. Ownership regime: It is important to know the ownership regime of the home. In Spain, there are two main systems: Exclusive ownership: The buyer acquires complete ownership of the property. Community ownership: The property is part of a building with common areas and the buyer acquires a share of the common property. 7. Rights of foreign buyers: Foreigners have the same rights as Spanish citizens when buying a home. However, it is important to be aware of any restrictions that may apply to certain areas or types of properties. 8. Leasing: If you wish to rent out the property, you must comply with the current regulations on urban leasing. 9. Income taxes: The purchase and sale of a property may generate tax obligations in the personal income tax (IRPF). 10. Succession: It is important to : Take into account the rules of succession in the event of death. A will can be a useful tool to ensure that the property passes to your heirs. In conclusion, buying a home in Spain is an important decision that requires careful planning. Having the advice of a specialized lawyer will allow you to know all your rights and obligations and avoid possible legal problems. Actum lawyers offers you a comprehensive service so that you can make your investment with complete peace of mind. Contact us and we will advise you throughout the process. Send your inquiry to our lawyers Nombre: Email Teléfono Comentarios: He llegit i accepto la política de privacitat Protección de Datos En cumplimiento de la Ley Orgánica 15/1999 de protección de datos de carácter personal, de 13 de Diciembre, Actum Advocats le informa que sus datos personales se incluirán en ficheros informatizados titularidad de Actum Advocats, que será el único destinatario de estos datos. Su exclusiva finalidad es la gestión de clientes y acciones promocionales y tiene la posibilidad de ejercer los derechos de acceso, rectificación, cancelación y oposición previstos en la ley mediante una carta o email dirigidos a Actum Advocats (datos de contacto en pie de página).

The lawyers’ blog Are you a foreigner and have income in Spain? Understanding and complying with tax obligations in a foreign country can be complex. A non-EU resident is anyone who has their tax residence in a country of the European Union, Iceland, Norway or Liechtenstein. In all other cases, the person will be a non-EU non-resident. The Non-Resident Income Tax is one of the main taxes that you should be aware of if you own property, invest or work in Spain. What is the Non-Resident Income Tax? The Non-Resident Income Tax (IRNR) taxes income obtained in Spanish territory by individuals or entities that do not have their tax residence in Spain. These incomes can come from various sources, such as: Real estate income: rents, capital gains from the sale of real estate. Income from personal capital: interest, dividends. Income from work: salaries, pensions. Who is required to file the IRNR declaration? Actualitat non-residents who have obtained income in the territory are required to file the IRNR declaration. Spanish during the fiscal year. What are the tax obligations of non-residents? The tax obligations of non-residents in Spain are varied and may change depending on the nature of the income obtained. In general, they include: Filing the IRNR declaration: Within the deadlines established by the Tax Agency.Payment of the corresponding tax: Within the established deadlines.Keeping the supporting documentation: During the limitation period. Why is good IRNR management important? Proper IRNR management will allow you to: Comply with your tax obligations: Avoiding penalties and surcharges.Optimize your tax burden: Taking advantage of the deductions and bonuses available.Have control over your tax situation: Facilitating long-term tax planning. Do you need help to avoid any scares or problems with the Tax Agency? At ActumAdvocats we are specialists in advising foreigners on tax matters. We offer you a comprehensive service that includes: Analysis of your tax situation: To determine your obligations and rights.Preparation and presentation of the IRNR declaration: Correctly and in compliance with all legal requirements.Representation before the Tax Authority: In case of any requirement or inspection. Don’t risk making mistakes that could lead to financial penalties. Trust in our experience and professionalism to manage your IRNR safely and efficiently. Send your inquiry to our lawyers Nombre: Email Teléfono Comentarios: He llegit i accepto la política de privacitat Protección de Datos En cumplimiento de la Ley Orgánica 15/1999 de protección de datos de carácter personal, de 13 de Diciembre, Actum Advocats le informa que sus datos personales se incluirán en ficheros informatizados titularidad de Actum Advocats, que será el único destinatario de estos datos. Su exclusiva finalidad es la gestión de clientes y acciones promocionales y tiene la posibilidad de ejercer los derechos de acceso, rectificación, cancelación y oposición previstos en la ley mediante una carta o email dirigidos a Actum Advocats (datos de contacto en pie de página).

The lawyers’ blog Police arrest: What to do and what not to do? A police arrest is a traumatic experience that can disorient anyone. Faced with this situation, it is essential to remain calm and know what your rights are. This article aims to provide you with a basic guide on what to do and what not to do if you are arrested, as well as to highlight the importance of having specialist legal advice. What happens during an arrest? When a person is arrested, the police are obliged to inform them of the reasons for the arrest and of their rights. These rights include: Right to remain silent: You are not obliged to answer any questions.Right to have a lawyer: You can request the presence of a lawyer at any time.Right to be informed of your rightss: The police must inform you of your rights clearly and concisely. Practical advice in case of arrest: Keep calm: Anxiety can cloud judgment and make it difficult to defend yourself.Don’t make spontaneous statements: Everything you say can be used against you in a trial.Get a lawyer right away: It is your right and can be key to protect their interests.Document everything: Note names, dates, places and any other relevant information.Cooperate, but do not confess: It is important to cooperate with the police, but without admitting guilt. The role of the lawyer A lawyer specializing in criminal law is your best ally in an arrest situation. The lawyer: He will advise you about your rights: He will inform you of the legal consequences of your situation and the options you have.He will represent you before the authorities: He will negotiate with the police and the prosecutor on your behalf.He will prepare his defense: He will analyze the evidence and develop an appropriate defense strategy. Why choose ActumAdvocats? At ActumAdvocats, we have a team of lawyers specialized in criminal law with extensive experience in the defense of arrested persons. We offer a comprehensive service that includes: Legal assistance 365 days a year. Comprehensive analysis of your case. Elaboration of a personalized defense strategy. Representation before any judicial instance. Accompaniment throughout the judicial process. conclusion Being arrested is a difficult experience, but having the advice of a good lawyer can make all the difference. At ActumAdvocats, we are committed to defending your rights and obtaining the best possible outcome for your case. Do not hesitate to contact us if you need legal assistance. Envieu la vostra consulta als nostres advocats Nombre: Email Teléfono Comentarios: He llegit i accepto la política de privacitat Protección de Datos En cumplimiento de la Ley Orgánica 15/1999 de protección de datos de carácter personal, de 13 de Diciembre, Actum Advocats le informa que sus datos personales se incluirán en ficheros informatizados titularidad de Actum Advocats, que será el único destinatario de estos datos. Su exclusiva finalidad es la gestión de clientes y acciones promocionales y tiene la posibilidad de ejercer los derechos de acceso, rectificación, cancelación y oposición previstos en la ley mediante una carta o email dirigidos a Actum Advocats (datos de contacto en pie de página).

The lawyers’ blog How to avoid arrears when renting your property in Girona Renting out a property can be an attractive source of passive income, but it also comes with risks, such as tenant defaults. If you find yourself in this situation, it is important to act quickly and decisively to minimize losses and regain possession of your property. At Actum Advocats, law firm specializing in real estate law in Girona, we have extensive experience in managing cases of default to urban leases. Through this article, we offer you a comprehensive guide to help you prevent and deal with arrears in the rental of your property. Prevention: essential measures to avoid delinquency The best way to avoid arrears is to take preventive measures from the beginning of the rental process. Here are some essential tips: Tenant Selection: Comprehensive study of the tenant’s profile: Request documentation that proves their financial solvency, such as payslips, employment contracts or income statements. Requirement of guarantees: It is advisable to request one or more guarantees that guarantee the payment of the rent in case of non-payment.Drafting a clear and precise rental agreement: The agreement should clearly specify the terms of the lease, including the monthly rent, payment terms, the obligations of both parties and the consequences of non-payment . During the lease: Timely tracking of payments: Set up a tracking system to ensure that the tenant meets payment obligations.Periodic inspections of the property: Perform periodic inspections to verify the condition of the home and detect possible damage or defects.Smooth communication with the tenant: Maintain smooth communication with the tenant to resolve any issues or incidents that may arise during the tenancy. Act against arrears: steps to follow If the tenant stops paying rent, it is important to act quickly and decisively to minimize losses and regain possession of your property. Here are the steps to follow: 1. Notification to the tenant: Send a reliable notice to the tenant demanding payment of the rent due and warning them of the consequences of non-payment.You can use a burofax or registered letter with acknowledgment of receipt to send the notification. 2. Negotiation: Try to reach an amicable agreement with the tenant to set up a payment plan or debt reduction.It is important to maintain a conciliatory but firm attitude to protect your rights. 3. Judicial claim: If negotiation is not possible or unsuccessful, a court proceeding for rent claim and eviction must be initiated.At Actum Advocats, avoid default when renting in Girona, we will accompany you throughout the judicial process, from the drafting of the claim to the execution of the eviction. Protect your interests with Actum Advocats At Actum Advocats, law firm with more than 10 years of experience in Girona, we offer a comprehensive service to help you to prevent and deal with arrears in the rental of your property. We offer you: Personalized advice: We will advise you on the best measures to prevent arrears and protect your interests. Drafting of rental contracts: We will draft a clear and precise rental contract that guarantees your rights as an owner. Collection management: We will take care of managing the collection of the income and initiate the necessary legal actions in case of default.Judicial procedures: We will accompany you throughout the judicial process of income claim and eviction. Don’t hesitate to contact us to request a free consultation and learn more about how we can help you protect your interests in the rental of your property. Actum Advocats: your ally for safe and effective rental management of your property in Girona Envieu la vostra consulta als nostres advocats Nombre: Email Teléfono Comentarios: He llegit i accepto la política de privacitat Protección de Datos En cumplimiento de la Ley Orgánica 15/1999 de protección de datos de carácter personal, de 13 de Diciembre, Actum Advocats le informa que sus datos personales se incluirán en ficheros informatizados titularidad de Actum Advocats, que será el único destinatario de estos datos. Su exclusiva finalidad es la gestión de clientes y acciones promocionales y tiene la posibilidad de ejercer los derechos de acceso, rectificación, cancelación y oposición previstos en la ley mediante una carta o email dirigidos a Actum Advocats (datos de contacto en pie de página).