In a fresh phase of the Desenrola Brasil Program, a unique opportunity begins today. An auction is set in motion, allowing creditors to extend a helping hand to individuals burdened by unpaid debts. The government is enthusiastic, aiming to slash the total debt burden by an estimated 58%.
Within this auction, companies engage in friendly competition, vying to provide the most significant debt reduction offers to debtors. The triumphant bidder earns valuable government support to restructure these outstanding debts, and this auction event spans until Wednesday.
This marks the commencement of the program’s second phase, embracing a wide array of debt types – from utility bills like electricity and water to shopping and educational expenses – all eligible as long as they do not exceed R$20,000 and were incurred before the close of 2022. Individuals earning up to two minimum wages or registered in the government’s Single Registry stand to benefit.
Debtors will be systematically categorized based on the nature of their indebtedness and the year they fell into arrears (2019, 2020, 2021, or 2022). Companies will tender individual offers featuring discounts. Notably, the government has allocated R$8 billion to facilitate the settlement of debts carrying the most substantial discounts.
The renegotiation process unfolds in two distinct stages: one tailored for debts up to R$5,000 and another accommodating debts ranging between R$5,000 and R$20,000. Cumulatively, debts under R$5,000 amount to R$78.9 billion, while those within the R$5,000 to R$20,000 bracket reach a total of R$161.3 billion, based on the interest expressed by 924 participating companies.
The eagerly anticipated debt renegotiation platform will be unveiled to the public in early October, empowering individuals to restructure their debts with favorable discounts and offering flexible payment options, either in a lump sum or over an extended 60-month period. The interest rate stands at a maximum of 1.99% per month.
To partake in this opportunity and embark on the journey of debt renegotiation, prospective participants must register with GOV.BR, opting for either silver or gold accounts.”