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ARTICLES

LEGAL RESOURSES

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    • ARTICLE 156: CAUSES FOR WHICH THE EMBARGO IS NOT SUBJECT TO THE ESTABLISHED ORDER

     

    The executor may indicate the assets without being subject to the order established in the previous article, when the debtor or the person with whom the procedure is understood:

  • Failure to indicate enough assets in the judgment of the executor or have not followed said order when making the signaling.

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  • When having the debtor other assets liable to seizure, state:

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  • Assets located outside the circumscription of the executing office.

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  • Assets that already report any real estate lien or some previous embargo.

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  • Assets with easy decomposition or deterioration or flammable materials.

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    The executor must invariably indicate assets that are easily liquidated or sold. In the case of real estate, the executor will request the debtor or the person with whom the procedure is understood to manifest under protest of telling the truth if said assets report any real estate lien, foreclosure, are in joint ownership, or belong to any conjugal partnership. For these purposes, the debtor or the person with whom the procedure is understood must certify these facts reliably within 15 days after the one in which the corresponding procedure was initiated, stating this situation in the minutes to be lifted or, its negative.