Search results
Results from the WOW.Com Content Network
Attachment is a legal process by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor. [1] A wide variety of legal mechanisms are employed by debtors to prevent the attachment of their assets.
The writ of attachment is issued in order to satisfy a judgment issued by the court. A prejudgment writ of attachment may be ordered in a legal action where a plaintiff has demonstrated meritorious allegations, fraud in the underlying action, or that defendant may attempt to dispose of or hide assets from the court.
Attachment (law), a means of collecting a legal judgment by levying on a specific property in the possession of the opposing party. Attachment of earnings, collecting money owed by a debtor directly from the debtor's employer
A writ of attachment. In common law, a writ (Anglo-Saxon gewrit, Latin breve) [1] is a formal written order issued by a body with administrative or judicial jurisdiction; in modern usage, this body is generally a court.
The law regarding fixtures can also cause many problems with property held under a lease. Fixtures put in place by the tenant belong to the landlord if the tenant is evicted from the property. This is the case even if the fixture could have legally been removed by the tenant while the lease was in good standing.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
AOL Mail welcomes Verizon customers to our safe and delightful email experience!
attachment, which are steps that link the security interest to the underlying asset; and, priority , which is an ordering of competing security interests in same asset. The same rule – the common law rule in Dearle v Hall , for instance – may govern both perfection against third parties (e.g., subsequent security holders) and prioritization ...