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What happens if an asset that is used as collateral in a loan contract in Mexico is seized?
Mexico If an asset that has been used as collateral in a loan contract in Mexico is seized, generally the creditor will be able to proceed with the seizure of the asset to recover the amount owed. In these cases, the procedure established in the contract and in the applicable legislation will be followed to sell the asset and apply the funds obtained to pay the debt. It is important to carefully review the terms and conditions of the loan contract to understand the consequences in the event of foreclosure.
What is the role of the Ministry of Transportation in Colombia?
The Ministry of Transportation is responsible for formulating and executing transportation policies in Colombia. Its main function is to promote transportation infrastructure, regulate land, air, sea and river transportation services, and guarantee road safety in the country.
What is the procedure to request the separation of bodies in Costa Rica?
The procedure to request separation of bodies in Costa Rica involves filing a lawsuit before a family judge, setting out the reasons that justify the separation. A judge will evaluate the situation and, if the requirements are met, may issue a sentence of separation of bodies.
What is the role of historical archives in the management of judicial files in El Salvador?
Historical archives preserve important records as a reference for research, legal analysis and historical development of the judicial system.
What differences exist in KYC requirements between individuals and legal entities in the Dominican Republic?
KYC requirements may vary between individuals and legal entities in the Dominican Republic. While natural persons must provide personal identification documents, legal entities, such as companies, must present documents that demonstrate their legal existence, such as the commercial registry and documentation that identifies their legal representatives. Companies may also require additional information about their business structure and activities.
Can a person obtain an identity card in the Dominican Republic if they have lost their birth certificate?
To obtain an identity card in the Dominican Republic, a person must present their birth certificate as part of the application process. If someone has lost their birth certificate, they should take steps to obtain a replacement copy of their birth certificate before applying for the certificate. Substitute copies of the birth certificate can be obtained at the Civil Registry offices or online through the official platform. Once the substitute copy of the birth certificate is obtained, you can proceed to request the identity card at the Central Electoral Board (JCE).
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