Writ Of Attachment {CSD 3056}

CSD 3056, WRIT OF ATTACHMENT, A writ of attachment is a legal order issued by a court that allows a creditor to seize property or assets of the debtor in order to satisfy a debt. In a bankruptcy case, a writ of attachment may be used by a creditor to obtain payment of a debt that is not dischargeable in bankruptcy. Under certain circumstances, a creditor may be able to obtain a writ of attachment in a bankruptcy case if the debtor has assets that are not protected by bankruptcy exemptions or if the creditor can demonstrate that the debtor has engaged in fraudulent or wrongful conduct. Once a writ of attachment has been issued, the creditor can use it to seize property or assets of the debtor, such as bank accounts, real estate, or personal property. The seized property is then held by the court or a court-appointed receiver until the underlying debt is satisfied. It is important for debtors to be aware of the potential for a writ of attachment in a bankruptcy case, particularly if they have debts that are not dischargeable or if they have engaged in conduct that could be viewed as fraudulent or wrongful. Debtors may wish to consult with a bankruptcy attorney to understand their options for protecting their assets and defending against writs of attachment. www.FormsWorkflow.com