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What are the deadlines and procedures for an embargo in Chile?
Deadlines and procedures may vary, but generally follow legal guidelines established by the Bankruptcy Act and other laws.
How do judicial records affect obtaining professional licenses in Argentina?
Some professions may require specific criminal background checks as part of the licensing process.
What is the penalty for individuals who use front companies to hide ownership of illicit assets in El Salvador?
They may face penalties including criminal charges for use of front companies and money laundering, with prison terms and fines.
Can an embargo affect the debtor's bank accounts in Guatemala?
Yes, the debtor's bank accounts can be subject to seizure in Guatemala. Creditors can ask the court to order the seizure of bank accounts to satisfy an outstanding debt. However, there are legal limits on the amount that can be seized, especially to protect certain minimum amounts necessary to support the debtor and his family.
How are sales contracts addressed in public auctions in Guatemala?
Sales contracts at public auctions in Guatemala may have specific characteristics that regulate how the auction is conducted, how bids are accepted, and the parties' obligations at the end of the auction. It is important to follow the regulations established for public auctions to ensure transparency and fairness.
What is the difference between a cash purchase and a credit purchase in a sales contract in the Dominican Republic?
The main difference lies in the payment method. In a cash purchase, the buyer pays the full price at the time of signing the contract or delivery of the goods. In a credit purchase, the buyer pays in installments or over an agreed period. Credit purchases typically require a financing agreement and may include interest
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