If you have debts in Peru, discover what are the goods that cannot be seized this 2025, according to the Civil Code

Debts are usually a great concern for people who present difficulties in paying their loans. Therefore, it is essential to know what goods are protected by the Peruvian Civil Code before a possible embargo. This information is crucial to guarantee the legal protection of personal goods and objects.

If it is decided to opt for the judicial process to demand the payment of debts, it is essential to know that the Civil code Specify which goods are unattachable. Next, we provide you with key information about these assets that cannot be subject to embargo, so that you are duly informed and prepared in any situation that may arise.

What are the goods that cannot be seized, according to the Peruvian Civil Code?

He Civil Code in Peru establishes that certain debtor’s assets are exempt from being seizedwhich means that they cannot be used to settle debts. Among these assets or assets are:

1. Assets constituted in family heritage: Only two thirds can be seized.
2. Personal use garments: Strict use garments cannot be seized, as well as books and basic foods.
3. Tools and utensils: Vehicles, machinery and indispensable tools for the exercise of a trade are not seized.
4. Remuneration and pensions: The remuneration and pensions that exceed the five procedural reference units are protected.
5. Food pensions: These are also considered unattachable.
6. Religious temples furniture: They cannot be embargo.
7. Sepulcros: Protection extends to the graves.
8. CTS payment: This can only be seized in case of food up to 50%.

Can debts with the bank prescribe in Peru?

He Peruvian Civil Code states that debts prescribe after 10 years. This period implies that, once this period has elapsed, debts may no longer be required judicially. However, it is important to highlight that this period refers exclusively to the possibility of legally claiming the payment and not to the visibility of the debt in the records of the Superintendence of Banking, Insurance and AFP (SBS). That is, although the debt with the bank may not be judicially claimed after 10 years, it will continue to appear as a debtor in the records until the debt is extended.

Can your home be seized for not paying the property tax in Peru?

In the case of property tax debts, it is essential to keep in mind that the municipality does not have the power to evict your home immediately. In the first instance, notifications and payment requirements will be sent to keep up to date with the situation. In the case of not responding to these communications, an administrative process will begin that will culminate with the issuance of a coercive ordinance. It is very important to fulfill tax obligations to avoid possible legal sanctions and complications.