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Can a debtor request a postponement of an embargo in Chile?
Yes, in certain circumstances, a debtor can request a stay of garnishment, which could give them more time to resolve the debt.
What measures should be taken to prevent corruption in companies in the Dominican Republic?
To prevent corruption in companies in the Dominican Republic, it is essential to establish ethics and compliance policies, promote a culture of transparency, and conduct regular internal audits.
What is the impact of financial technology (fintech) in Ecuador?
Is financial technology or fintech having a significant impact in Ecuador?
Can a debtor request a payment plan instead of facing a garnishment in Panama?
Yes, a debtor can negotiate a payment plan with the creditor instead of facing garnishment. Negotiating a payment agreement is an alternative that allows the debtor to pay off the debt in a structured manner and avoid the garnishment process. It is important that any agreement is properly formalized.
What is considered product liability in Colombia and what are the associated penalties?
Product liability in Colombia refers to the obligation of product manufacturers, distributors or sellers to compensate consumers for damages caused by defective products. Colombian law establishes that manufacturers and distributors are responsible for damages caused by defective products and may be subject to civil legal actions, claims for damages, fines and administrative sanctions.
Is there a specific threshold for reporting suspicious transactions in El Salvador?
Transactions that raise suspicions, regardless of their value, must be reported in accordance with established regulations.
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