• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

Coercive collection of debts helps the State to withhold funds and confiscate assets

Posted On 19 Jan 2016

 

The auction of a house began with USD 158 000. With the sale of the property, part of the debt of USD 240 000 owed by Jose Asan to the retirement funds of a public agency would be covered.

He was an official of the agency for 16 years, but in February 2004 he was removed from office. Three months before his departure, he took a loan for $ 130,000, but could barely pay the installments for a year.

He then stopped paying and the institution ordered the coercive collection. This way, it could repossess the property and initiate proceedings to auction it.

The same happened with other four former officials of that agency. All of them were demanded to pay through coercive collection and their assets were embargoed permanently.

 

Source: http://www.elcomercio.com/actualidad/coactiva-bienes-deudas-prestamos-creditos.html

About the Author
  • google-share
Previous Story

The Electricity Corporation of Ecuador declared the Chinese company in serious breach of contractual obligations

Next Story

Ecuadorian Oil falls at $ 25.47

SEARCH

LATEST NEWS

Ecuador will be able to recover from the strike in the second half of 2022

Posted On 04 Jul 2022

Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades

Posted On 04 Jul 2022

Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador

Posted On 01 Jul 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net