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What happens if the debtor cannot pay the debt after the seizure in Chile?
If the debtor is unable to pay the debt after the garnishment, they can explore options such as debt renegotiation or filing for bankruptcy.
What are the regulations related to fiduciary activity in Panama and how is the integrity of the trusts and the trust of the beneficiaries protected?
The regulations related to fiduciary activity in Panama establish the requirements and controls to protect the integrity of the trusts and the trust of the beneficiaries. The legislation seeks to ensure that trusts are administered in a transparent and legal manner, with measures to prevent misuse. Trust entities are subject to supervision and must comply with ethical and operational standards to ensure the trust of beneficiaries and maintain the integrity of these structures.
How is entrepreneurship and business creation promoted in Honduras?
The promotion of entrepreneurship and business creation in Honduras is carried out through various initiatives and programs. The government has established policies and regulations to facilitate business creation, such as simplifying procedures and reducing administrative barriers. In addition, there are support programs for entrepreneurs, such as technical advice, access to financing and business training.
How is the seizure of assets regulated in Guatemala in cases of debts derived from student loans?
The seizure of assets in Guatemala for debts derived from student loans is governed by the Civil and Commercial Procedure Code and the student loan and financing laws. Credit institutions can request the seizure of the debtor's assets in the event of non-payment. It is crucial to follow legal procedures and respect the rights of the debtor to ensure the legality of the garnishment.
What is the role of savings and credit cooperative entities in Colombia?
Savings and credit cooperative entities in Colombia play an important role in providing financial services to their members. These entities are non-profit and collectively owned organizations, where members are both owners and users of financial services. Savings and credit unions offer products such as savings accounts, loans and other financial services tailored to the needs of their members. In addition, they promote participation and solidarity in the community, encouraging savings and local investment.
What is the legal framework in Costa Rica for the crime of child abduction?
Child abduction, which involves taking a boy or girl without the consent or legal authorization of those who have custody, is punishable by law in Costa Rica. Those who commit this crime may face legal action and sanctions, including prison sentences and the return of the minor to their habitual place of residence.
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