answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What kind property can a creditor seize?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a judgment creditor seize legally owned firearms?

most likely, property is property


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.


Can you keep property if a motion for relief from automatic stay is entered?

If the motion is granted, the BK court is allowing the creditor to seize/take back the property, so no, you would not be allowed to keep the property


Can I serve a writ of garnishment to a bank?

Yes, you can serve a writ of garnishment to a bank in order to collect on a debt owed to you. The bank will then freeze the debtor's assets in the account up to the amount owed. It's important to follow the legal procedures and requirements for serving a writ of garnishment.


What can the hospital do if your mother couldn't pay her hospital bill and passed away?

A hospital can seek a court order to seize any property owned by your mother at the time of her death in order to satisfy the debt. However, if she owned no property the creditor is out of luck unless some other person signed a contract agreeing to be responsible.A hospital can seek a court order to seize any property owned by your mother at the time of her death in order to satisfy the debt. However, if she owned no property the creditor is out of luck unless some other person signed a contract agreeing to be responsible.A hospital can seek a court order to seize any property owned by your mother at the time of her death in order to satisfy the debt. However, if she owned no property the creditor is out of luck unless some other person signed a contract agreeing to be responsible.A hospital can seek a court order to seize any property owned by your mother at the time of her death in order to satisfy the debt. However, if she owned no property the creditor is out of luck unless some other person signed a contract agreeing to be responsible.


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 payday loan company garnish wages in North Carolina?

N.C. law does not allow wage garnishment when it concerns creditor debt. Be advised though, the creditor can take legal action to seize other non-exempt property belonging to the debtor.


Can the credit card co take your state income tax return you file joint with your husband who is retired?

No. A creditor cannot seize any property belonging to a debtor until said creditor sues the debtor(s) and receives a judgment order.


How can you have lien against you when you don't own property?

A creditor who sues you for a debt can obtain a judgment lien against you that is good for a number of years. It can hold onto that lien until you do own property and then move against you to seize it to satisfy the debt.


What is the Reposession Law for Florida?

Generally, your creditor has legal authority to seize your car as soon as you default on your loan. Once you are in default, your creditor may repossess your car at any time without prior notice and may come onto your property to do so. However, the creditor may not commit a "breach of the peace" by using physical force or threats of force. If this occurs, your creditor may be required to pay a penalty or compensate you for any harm done to you or your property.


What can happen if you cannot pay a judgment in the state of Virginia?

Judgment creditors prefer to use wage garnishment or bank account levy to execute the judgment writ. If neither of those remedies apply the creditor can seize and liqudate non exempt property belonging to the debtor, or place a lien against real property (jointly owned property can usually be attached by a creditor lien).


What can a creditor do with a final judgment in Florida?

The judgment can be executed as a bank account levy or wage garnisment or liens against real property solely owned by the judgment debtor or to seize and liquidate any unexempt property that is owned by the judgment debtor.