Creditor Suit

Site.CdCreditorSuits History

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April 11, 2022, at 12:53 AM by 50.159.12.10 -
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A ''creditor suit'' is usually an action that is brought by a creditor against a third-party who has possession of an asset of the debtor, but the third-party does not hold title to that asset. For instance, where the debtor has left his car with a mechanic for repairs, and the mechanic will not turn the car over to the creditor to satisfy the judgment, the creditor would bring a creditor suit against the mechanic to obtain possession of the car.
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A ''creditor suit'' (or sometimes ''creditor's suit'') is usually an action that is brought by a creditor against a third-party who has possession of an asset of the debtor, but the third-party does not hold title to that asset. For instance, where the debtor has left his car with a mechanic for repairs, and the mechanic will not turn the car over to the creditor to satisfy the judgment, the creditor would bring a creditor suit against the mechanic to obtain possession of the car.
April 11, 2022, at 12:53 AM by 50.159.12.10 -
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(:title TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:Summary: TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:description TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:keywords creditor, debtor, judgment, enforcement, collection, TOPIC:)
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(:title Creditor Suit:)
(:Summary: Creditor Suit Debtor Judgment Enforcement Collection:)
(:description Creditor Suit Debtor Judgment Enforcement Collection:)
(:keywords creditor, debtor, judgment, enforcement, collection, creditor suit:)
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TOPIC  [--PAGENAME--]
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Creditor_Suit [[!Remedy]]  [--CdCreditorSuits--]
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TEXT
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A ''creditor suit'' is usually an action that is brought by a creditor against a third-party who has possession of an asset of the debtor, but the third-party does not hold title to that asset. For instance, where the debtor has left his car with a mechanic for repairs, and the mechanic will not turn the car over to the creditor to satisfy the judgment, the creditor would bring a creditor suit against the mechanic to obtain possession of the car.

Another place where a creditor suit can be used is where a third-party has not obeyed another creditor remedy. For instance, creditor levies on the debtor's account at Bank. After receiving the creditor's levy, Bank allows debtor to withdraw funds. Bank is liable to creditor on a creditor's suit for the amount of funds withdrawn by the debtor.
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!!TOPIC Opinions

(:pagelist link=Category.TOPIC list=normal fmt=title:)
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!!Creditor Suit Topics And Opinions

(:pagelist link=Category.Creditor_Suit list=normal fmt=title:)
April 11, 2022, at 12:45 AM by 50.159.12.10 -
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(:title TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:Summary: TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:description TOPIC Creditor Debtor Judgment Enforcement Collection:)
(:keywords creditor, debtor, judgment, enforcement, collection, TOPIC:)
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TOPIC  [--PAGENAME--]
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!!TOPIC Opinions

(:pagelist link=Category.TOPIC list=normal fmt=title:)

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