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Preliminary attachment is a legal remedy that allows a creditor to secure a claim against a debtor's property before a final judgment is issued in a lawsuit. This process involves a court order that temporarily restrains the debtor from transferring or disposing of specific assets, ensuring that the creditor has a means to satisfy a potential judgment. It is typically used to prevent the debtor from dissipating assets that could be used to fulfill a debt. The attachment is provisional and may require the creditor to post a bond to protect the debtor's interests.

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1mo ago

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