RENACE

RENACE is a public programme of advice, financing and helping entrepreneurs and proffesionals to, by out-of -court settlement, reducing or eliminating the financial charges incurred during financial crisis period. Always with the aim of enabling them to start a new business project or join the labour market. This program born to reduce or even eliminate debts of employers and good faith entrepreneurs whose business closed. All of this thanks to a real program of exoneration of the accumulated debts through out-of-court agreements facilitated by the public administration. RENACE promotes re-entrepreneurship starting up new projects or incorporation to the labour market and also gives access to reimbursers to a complete professional program to help them in the new business decision making process.
People, who are in a situation of insolvency and are interested in restarting a business activity, can go to the RENACE Office located in the facilities of INFO (Regional Development Agency of the Region of Murcia) and, if interested in the service, they must submit an application request. The instance can be presented by a business person or a non-business person.
RENACE office diagnoses in an Optimization or Feasibility Report if the second chance law process. Presented the documentation, a bankruptcy mediator is appointed: the mediator will promote the negotiations to obtain the expected Out of court Payment Agreement that may include: withdrawals or waits.