quita o espera

Spanish translation: reduction of the amounts or extension of the terms of payment

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	quita o espera
Spanish translation:	reduction of the amounts or extension of the terms of payment
Entered by:	Ana Brause

08:51 Feb 20, 2006

English to Spanish translations [PRO]
Tech/Engineering - Law: Contract(s) / Clauses

English term or phrase: quita o espera

Iniciación de procedimiento de quiebra, suspensión de pagos o quita o espera

Maria Luisa Duarte KudoZ activity Questions: 512 (1 open) (3 without valid answers) (3 closed without grading) Answers: 11641 Spain
Local time: 19:21

reduction of the amounts or extension of the terms of payment

Explanation:
or: reduction of debt and grace period
Son dos cosas distintas por un lado se solicita la reducción del monto adeudado y por el otro un plazo especial para pagar las deudas.
Suerte =o)

Selected response from:

Ana Brause
Local time: 14:21

Grading comment

Thanks for the explanation! MLD
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +2

reduction of the amounts or extension of the terms of payment

Ana Brause

debt reduction / relief or grace period

Ana Brassara

part payment

Fiona N�voa

{non-trader} IVA/individual voluntary arrangement or moratorium

Adrian MM. (X)

Answers

4 mins confidence:

part payment

Explanation:
hope this helps

Fiona N�voa
Portugal
Local time: 18:21
Specializes in field
Native speaker of:

English

1 hr confidence:

peer agreement (net): +2

reduction of the amounts or extension of the terms of payment

Ana Brause
Local time: 14:21
Specializes in field
Native speaker of: Spanish
PRO pts in category: 124

Grading comment

Thanks for the explanation! MLD

5 hrs confidence:

debt reduction / relief or grace period

Explanation:
Así es.

http://www.proz.com/kudoz/325165

Ana Brassara
Local time: 14:21
Specializes in field
Native speaker of:

Spanish
PRO pts in category: 405

5 hrs confidence:

{non-trader} IVA/individual voluntary arrangement or moratorium

Explanation:
'Cuando el deudor es comerciante, en lugar de solicitar el beneficio de quita y espera, solictara el de suspension de pagos': Bosch, Dicc. de derecho esp.

Maybe the question is also about why not quita y espera.

Two different scenarios:

1. Derecho civ; obligaciones - Cod. civl esp., art. 1,912.

2. Derecho procesal civ.. Ley de Emjuiciamiento civ., arts. 1,130 to 1,155.

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Note added at 5 hrs (2006-02-20 14:15:25 GMT)
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An Individual Voluntary Arrangement (IVA) is an alternative debt solution to ... Indvidual bankruptcy includes individuals, partners and sole traders. ...www.debt-help-uk.org.uk/debt_solutions_bankruptcy.asp

Reference: http://www.proz.com/kudoz/367651

Adrian MM. (X)
Local time: 19:21
Specializes in field
Native speaker of:

English

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