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January 31, 2022
Banking & Finance Regulations | Similarities between pledges and mortgages
In Panama, it is not possible to use a “security interest” as a generic and general guarantee. Panamanian law recognizes personal guarantees and real guarantees. The most common real guarantees (in rem) are the pledge, mortgages and antichresis. Regarding pledge and mortgage there are some aspects which are very similar and do not pose a …
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