What is a reconciliation and how does it work on a simple clash? – Economy
With the entry into force of Law 2251 of 2022, simple or can crashes, in which there are no injuries or deaths, the owners of the vehicles involved must solve the problem, collect the evidence related to the collision, (photos and videos), and assume the cost of damages on their own account or their respective insured.In case of not reaching an amicable agreement between the parties, they have the path of conciliation. This is an alternative dispute resolution mechanism through which two or more people, natural or legal, private or public, national or foreign, reach an agreement to settle their…
