(Alliance News) - Alfio Bardolla Training Group Spa on Tuesday announced the full activity of its subsidiary Reasolution Srl, which opens to the market under the Exdebito brand.

The parent company, as previously announced, established Reasolution Srl with shares equal to 80 percent of the share capital. The operation is part of the group's expansion and reorganization project, approaching the market of consulting to individuals and companies on over-indebtedness issues and allows to manage the customer's debt situation.

Examples of interventions, the company explains in the note, include cases where a client suffers the personal repercussions of unsuccessful business projects, or people who have abused access to credit and have no ability to repay, partly due to rising interest rates.

Exdebito, the released note continues, "was created with the intention of uniting under one brand the leading experts in over-indebtedness and banking law. In fact, legal professionals specializing in the subjects of over-indebtedness procedures, banking law, bank usury, anatocism, out-of-court negotiations, debts with the Treasury, and bankruptcy procedures are part of Exdebito."

"Exdebito's intent is to facilitate access to highly specialized professional assistance by citizens and small business owners who have encountered debt-related issues," the company explains in the press release.

Algio Bardolla on Tuesday trades in the green by 1.4 percent at EUR2.15 per share.

By Maurizio Carta, Alliance News reporter

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