- Calle Sol #30, Ponce, Puerto Rico 00730
With over 20 years experience in civil and notarial practice. We work inheritance cases, inheritance, corporate, damages, deeds of purchases, donations, cancellations of mortgages, home insurance proceedings and bankruptcy.
WHAT CAN YOU DO FOR BANKRUPTCY? Bankruptcy is a situation in which a natural or legal person can not cope with their debt payments, because they are greater than its economic resources. When this occurs the debtor qualifies for Law Bankruptcy Abuse Prevention and Consumer Protection. Bankruptcy can relieve you of your legal obligation to pay all or most of your debts, allowing a new beginning.
What constitutes a legacy and who heritage?
Often the issue of succession has many controversies and questions.
What should we do once a person dies? Who inherited? What comprises the inheritance? Does debts? These are just some of them.
Once a person dies, we investigate whether it has expressed his will through a valid will. If the deceased has given a will according to the requirements of capacity and form of law, the inheritance shall be governed as provided by the will.
Conversely, if the deceased has not expressed his will by a insufficient will or testament, it should go to the Court the last residence of the deceased - or where they are calling for their well- dictates Resolution corresponding Declaration of Heirs, identifying the heirs.
In intestate succession when the deceased has not expressed his will by will, the law comes into operation to determine who are the persons entitled to collect the inheritance and, at the same time, the preference.
Descendants - children, grandchildren, great-grandchildren - are the first called to the estate of the deceased. In their absence, it is for the heritage to ancestors - mother, father. In the absence of descendants and ascendants, the surviving spouse inherits (This is from the December 26, 2013) In the absence of the latter, inherit the brothers and nephews.
Filing a bankruptcy immediately stops collection efforts, wage garnishment or foreclosure against the debtor. Bankruptcy can prevent repossession of your vehicle, you can restore or prevent termination of services of water, electricity and telephone. In addition, bankruptcy can protect their debtors.