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se responde de la deuda con el patrimonio y las rentas presentes y futuras

English translation: creditors can put a claim on assets as well as present and future earnings


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:se responde de la deuda con el patrimonio y las rentas presentes y futuras
English translation:creditors can put a claim on assets as well as present and future earnings
Entered by: jack_speak
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18:06 Apr 18, 2009
Spanish to English translations [PRO]
Social Sciences - Finance (general)
Spanish term or phrase: se responde de la deuda con el patrimonio y las rentas presentes y futuras
Hola,

This is from an interview about a documentary that addresses being deeply in debt (in Spain). I am having trouble with the part indicated between the asterisks. The complete sentence is:

Aquí el grado de protección legal de las familias endeudadas es más bajo que en otros países, ya que ***se responde de la deuda con el patrimonio y las rentas presentes y futuras.***

I get the idea that it means something along the lines of "debt affects both present and future wealth and income" - but I'm not sure that that's completely right or that it couldn't be better expressed.

TIA!
eesegura
Local time: 13:53
creditors can put a claim on assets as well as present and future earnings
Explanation:
Every family, of course, pays off its debt with present and future earnings, but since this context involves a discussion of protection, and the fact that legal rights are lower here than in other countries, for families in debt, I think "se responde" here refers to the ability of creditors to put a claim on assets plus future earnings....
Selected response from:

jack_speak
Local time: 14:53
Grading comment
Great explanation, thanks so much! Many thanks to all who responded, I really appreciate your contributions.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2creditors can put a claim on assets as well as present and future earnings
jack_speak
4the debt is paid for with present and future assets and incomeD.A. Gwyn-Jones
4the debt is repaid by (using / means of) assets and current and future incomepatri_2911


  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
the debt is repaid by (using / means of) assets and current and future income


Explanation:
I understand that "se responde de la deuda" should say " se responde A la deuda", which in turn means sth along: a debt is repaid...

i.e. families repay their debts and to do that, they need their assets and income (future and current)

Hope it can help you!

patri_2911
Argentina
Local time: 15:53
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 28
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15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
creditors can put a claim on assets as well as present and future earnings


Explanation:
Every family, of course, pays off its debt with present and future earnings, but since this context involves a discussion of protection, and the fact that legal rights are lower here than in other countries, for families in debt, I think "se responde" here refers to the ability of creditors to put a claim on assets plus future earnings....

jack_speak
Local time: 14:53
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 84
Grading comment
Great explanation, thanks so much! Many thanks to all who responded, I really appreciate your contributions.

Peer comments on this answer (and responses from the answerer)
agree  patinba: Quite right!
1 hr
  -> Thank you very much! Have a nice weekend.

agree  Marzia Nicole Bucca
16 hrs
  -> Gracias, Marzia.
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21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
the debt is paid for with present and future assets and income


Explanation:
since the debt is paid for with present and future assets and income.

D.A. Gwyn-Jones
Local time: 20:53
Specializes in field
Native speaker of: English
PRO pts in category: 12
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Changes made by editors
Apr 20, 2009 - Changes made by jack_speak:
Created KOG entryKudoZ term => KOG term


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