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How does an embargo affect assets subject to pledge in Colombia?
Assets subject to pledge in Colombia may be subject to seizure if the debtor does not comply with its payment obligations. The creditor may seek seizure of the pledged property to satisfy the debt. It is important to understand the terms of the pledge and seek legal advice to understand the specific implications and protect the rights of the debtor.
Can a garnishment be imposed for debts related to university debts in Argentina?
Yes, a garnishment can be imposed for debts related to college debts in Argentina. If the debtor accumulates outstanding debts with an educational institution or university, the latter may request the seizure of the debtor's assets to ensure payment of the educational debt.
How are ownership and risk transfer clauses handled in international sales contracts in Colombia?
In international sales contracts, ownership and risk transfer clauses are essential to define when the ownership and risks associated with the goods are transferred between the seller and the buyer. In Colombia, these clauses must comply with international trade laws and customs regulations. It is essential to agree clear terms on the transfer of ownership, the place of delivery and the associated costs. Additionally, the terms of insurance and liability in case of loss or damage during transportation must be defined. Including detailed ownership and risk transfer clauses helps avoid misunderstandings and ensures efficient execution of the contract.
What documentation is required to request the elimination of the pension when the children are of legal age in Panama?
To request the elimination of the pension when the children are of age, documentation is generally required that demonstrates the financial independence of the children, such as proof of employment or enrollment in university.
What is the difference between judicial records and the certificate of good conduct in Ecuador?
In Ecuador, the judicial record and the certificate of good conduct are two different documents. Judicial records provide information about a person's criminal proceedings and convictions recorded in the judicial system. On the other hand, the certificate of good conduct certifies that a person does not have a criminal record or has satisfactorily fulfilled his or her legal obligations. While the court records contain more detailed information about criminal records, the certificate of good conduct is issued as a general declaration of the absence of a criminal record.
What is the process for returning the security deposit in Mexico?
At the end of the lease, the landlord must inspect the property and determine if there are any damages or outstanding rent. The deposit is returned to the tenant once the corresponding amounts are deducted.
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