Extinguishment of ownership could be defined as the power of the State by means of which it suppresses the property held by one or several persons over certain assets and this remains in favor of the State, because such assets are linked to activities that violate social morality, and therefore no compensation or remuneration of any kind will be given to the affected party. This is a new branch of law that is increasingly developing in doctrine and jurisprudence.
However, since it is a new right, sometimes inexperienced lawyers present erroneous interpretations, which end up extinguishing the domain in a disproportionate manner and affecting an entire patrimony without it being appropriate and even the honor and good name of innocent people.
That is why Castrillón & Cárdenas has experienced lawyers, who have handled cases of this type for years and additionally are among the few who have studies in this area. If you find yourself in a situation in which you may be affected by an action of this kind, do not hesitate to seek advice from the best.
- Defense and representation in foreclosure proceedings.
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