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What happens if the debtor declares insolvency during a seizure in Chile?
If the debtor becomes insolvent during a seizure in Chile, a liquidation or bankruptcy process can be requested. This implies that the debtor's assets will be liquidated and distributed among the creditors in accordance with the order of priority established by law.
Can installment payment agreements be established for food debtors in El Salvador?
Yes, in El Salvador installment payment agreements can be established for alimony debtors, allowing them to pay alimony in installments, especially if they are facing temporary financial difficulties. These agreements must be approved by the court.
What is the Neighborhood Certificate in Colombia?
The Neighborhood Certificate in Colombia is a document that certifies the place of residence of a person in a certain municipality or town.
What are the sanctions for regulatory non-compliance in Ecuador?
Sanctions may include fines, suspension of business activities, and legal action against those responsible.
What is the regulation for crowdfunding entities in Colombia?
In Colombia, crowdfunding entities are regulated by the Financial Superintendency of Colombia. There are specific requirements for the operation of these platforms, including the need to obtain prior authorization, comply with transparency and information disclosure standards, as well as protect the interests of investors and guarantee the security of transactions.
What is the appeal process in a seizure case in Chile?
The appeal process allows parties to challenge higher court decisions if they believe errors were made in the seizure process.
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