An embargo is the suspension or retention of an asset to ensure the payment of a debt.

With FacturaDirecta, your company will have a professional invoicing system. Create an account.

Embargoes are authorized by jurisdictional or administrative bodies.

Types of embargo

Embargoes are classified into 2 main categories:

• Preventive embargo: occurs when a person or entity is charged in a judicial process and it is desired to ensure compliance with the future sentence.
• Executive embargo: once the right to collect a debt has been recognized, the debtor’s assets are retained by order of a judge in order to pay the debt with the value of these.

Payroll embargo

It is one of the most common types of executive embargo. It consists of retaining a part of the salary, by the employer, for the payment of certain debts.

These embargoes usually are made to liquidate debts for non-payment of taxes, administrative sanctions or for non-payment of alimony to children or compensatory to spouses.

FacturaDirecta is the best way to manage your invoicing.

We hope this information is very useful to you.