Information Capsules

The Chattel Collateral in Guatemala, General Definition

By: Ligia Cordón -A.D. SOSA & SOTO-. In 2007, through Legislative Decree 51-2007, the Law of Movable Guarantees was enacted, defining the term as "the real right of guarantee, constituted by the guarantor debtor in favor of the secured creditor, to guarantee the compliance of one or several obligations of the