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Bankruptcy and debt compensation

Bankruptcy and debt compensation

In bankruptcy, debts can be offset by complying with legal requirements. Sometimes a company owes some invoices to another that it does not pay because, in turn, the latter owes the first other amounts. If one of them files bankruptcy, in what situation are the...
Wage garnishment

Wage garnishment

What part of the salary can be garnished? Does it include other concepts such as allowances, extraordinary payments or allowances? Wage garnishment allows compliance with an executive order against a debtor, an employee, withholding part of it to satisfy his debt....