Puerto Rico Ejemplo de carta para explicación de bancarrota - Sample Letter for Explanation of Bankruptcy

• Category: Cartas - No legales - Quiebras
• State: Multi-State
• Control #: US-0439LR
• Format: Word

Description

Carta del deudor explicando el motivo de la declaración de quiebra. [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Bank Name] [Address] [City, State, Zip Code] Subject: Explanation of Bankruptcy — Puerto Rico Dear Sir/Madam, I hope this letter finds you well. I am writing to provide a detailed explanation of my bankruptcy situation, specifically with regard to the situation in Puerto Rico. I understand the importance of transparency and accountability, and I aim to address any concerns you may have regarding my financial standing. Puerto Rico, also known as the Commonwealth of Puerto Rico, is an unincorporated territory of the United States located in the northeastern Caribbean Sea. As such, Puerto Rico is subject to U.S. federal laws, including bankruptcy laws. In recent years, Puerto Rico has faced significant economic challenges, resulting in a high debt burden. The government of Puerto Rico found itself unable to meet its financial obligations, leading to the enactment of the Puerto Rico Oversight, Management, and Economic Stability Act (PROM ESA) in 2016. This legislation established a framework to restructure Puerto Rico's debt and address its fiscal crisis. I, unfortunately, found myself caught in this economic downturn, leading to my personal bankruptcy filing. At this time, I would like to provide a brief overview of my bankruptcy case and the actions I have taken to address my financial situation. Chapter 7 Bankruptcy: I have filed for Chapter 7 bankruptcy, which is also known as "liquidation bankruptcy." This type of bankruptcy allows individuals to discharge most unsecured debts and provides relief by liquidating non-exempt assets to repay creditors. In my case, I have worked closely with my bankruptcy attorney to ensure that all necessary documents have been filed accurately and timely. Financial Hardship: The difficult economic circumstances in Puerto Rico, along with unforeseen personal challenges, have contributed to my financial hardship. These circumstances have made it nearly impossible for me to meet my financial obligations, forcing me to seek the protection and relief provided by bankruptcy laws. Repayment Intentions: While Chapter 7 bankruptcy generally involves the liquidation of assets, please be informed that my current financial standing makes it unlikely for there to be any substantial assets available for liquidation. However, I am committed to making every effort to repay my remaining debts once I regain financial stability. I am actively seeking employment opportunities and exploring avenues for income generation to rehabilitate my financial state. Credit Rebuilding: I understand the impact that bankruptcy has on one's credit score and future creditworthiness. As a responsible debtor, I have been diligently working to rebuild my credit standing. I am attending financial literacy courses and seeking consultation from credit experts to develop a comprehensive plan to responsibly manage my financial affairs in the future. I trust this letter clarifies and explains my situation in regard to bankruptcy in Puerto Rico. Furthermore, I have attached the necessary supporting documents, including my bankruptcy filing and related court orders, for your reference. Should you require any additional information or have any concerns, please do not hesitate to contact me at your convenience. Thank you for your understanding and consideration. I look forward to resolving my financial difficulties and moving forward with financial responsibility. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Bank Name] [Address] [City, State, Zip Code] Subject: Explanation of Bankruptcy — Puerto Rico Dear Sir/Madam, I hope this letter finds you well. I am writing to provide a detailed explanation of my bankruptcy situation, specifically with regard to the situation in Puerto Rico. I understand the importance of transparency and accountability, and I aim to address any concerns you may have regarding my financial standing. Puerto Rico, also known as the Commonwealth of Puerto Rico, is an unincorporated territory of the United States located in the northeastern Caribbean Sea. As such, Puerto Rico is subject to U.S. federal laws, including bankruptcy laws. In recent years, Puerto Rico has faced significant economic challenges, resulting in a high debt burden. The government of Puerto Rico found itself unable to meet its financial obligations, leading to the enactment of the Puerto Rico Oversight, Management, and Economic Stability Act (PROM ESA) in 2016. This legislation established a framework to restructure Puerto Rico's debt and address its fiscal crisis. I, unfortunately, found myself caught in this economic downturn, leading to my personal bankruptcy filing. At this time, I would like to provide a brief overview of my bankruptcy case and the actions I have taken to address my financial situation. Chapter 7 Bankruptcy: I have filed for Chapter 7 bankruptcy, which is also known as "liquidation bankruptcy." This type of bankruptcy allows individuals to discharge most unsecured debts and provides relief by liquidating non-exempt assets to repay creditors. In my case, I have worked closely with my bankruptcy attorney to ensure that all necessary documents have been filed accurately and timely. Financial Hardship: The difficult economic circumstances in Puerto Rico, along with unforeseen personal challenges, have contributed to my financial hardship. These circumstances have made it nearly impossible for me to meet my financial obligations, forcing me to seek the protection and relief provided by bankruptcy laws. Repayment Intentions: While Chapter 7 bankruptcy generally involves the liquidation of assets, please be informed that my current financial standing makes it unlikely for there to be any substantial assets available for liquidation. However, I am committed to making every effort to repay my remaining debts once I regain financial stability. I am actively seeking employment opportunities and exploring avenues for income generation to rehabilitate my financial state. Credit Rebuilding: I understand the impact that bankruptcy has on one's credit score and future creditworthiness. As a responsible debtor, I have been diligently working to rebuild my credit standing. I am attending financial literacy courses and seeking consultation from credit experts to develop a comprehensive plan to responsibly manage my financial affairs in the future. I trust this letter clarifies and explains my situation in regard to bankruptcy in Puerto Rico. Furthermore, I have attached the necessary supporting documents, including my bankruptcy filing and related court orders, for your reference. Should you require any additional information or have any concerns, please do not hesitate to contact me at your convenience. Thank you for your understanding and consideration. I look forward to resolving my financial difficulties and moving forward with financial responsibility. Yours sincerely, [Your Name]

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.