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Some U.S. states will allow a judgment creditor to garnish the judgment debtor's investments, such as CD's, stocks and/or bonds. Whether such financial items are subject to seizure depends upon how they are titled/held for example, jointly by a married couple and state laws pertaining to such
What else can I help you with?
Does a creditor who you owe money to have the right to seize your bank account in California if they bought out that bank?
yes
Can a creditor garnish wages and seize money from a bank account in Michigan?
A creditor can garnish wages or attach assets if they have obtained a judgment against the debtor.
Obligation to pay to another a certain amount of money which has collateral that the creditor may seize?
secured debt
Can a creditor seize your tax refund?
If the creditor is a government agency, then yes. If the creditor has not won a court settlement to garnish your wages, then no.
Can a creditor seize your checking account after you file bankruptcy?
Not without the approval of the court
Can a judgment creditor seize legally owned firearms?
most likely, property is property
What is the difference between creditor and debtor?
A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.
What is a Debtor and Creditor?
A debtor is someone who owes you money. A creditor is the person that lent the money.
Is A writ of attachment is a court order to seize a debtor's property before the entry of a final judgment in a creditor's?
Yes, a writ of attachment is a court order that allows a creditor to seize a debtor's property before a final judgment is entered. It is a legal remedy used to secure the creditor's claim and prevent the debtor from disposing of their assets to avoid payment.
What is debter and crediter?
A debtor owes someone else money. A creditor is owed money from someone else. So, a debtor owes a creditor. Or, a creditor is owed by a debtor.
If a credit card company gets a judgment against you can they take your drivers license?
No. The judgment creditor might take your car and sell it to pay part of the judgment, but your license has no intrinsic value for sale. In addition, the judgment creditor is not permitted to seize your license or ask the state to seize it until you pay the judgment.
What does it mean when a second mortgage goes to a collection agency?
It means the creditor wants its money and will pursue you in order that you pay that loan.It means the creditor wants its money and will pursue you in order that you pay that loan.It means the creditor wants its money and will pursue you in order that you pay that loan.It means the creditor wants its money and will pursue you in order that you pay that loan.
