Chile on Court Procedure

Chile follows a civil law system strongly influenced by the Spanish and French legal systems, specifically by the Napo¬leonic Code model.

Quis custodiet ipsos custodes? (Who watches the watchmen?) – A question that goes all the way back to Platon and made famous by Roman poet Juvenal.

The importance of this article resides in the quick enforcement mechanism that was contained there, which solely required a judicial notice to the debtor and a seven days' notice for the execution of the pledge.