-Hallo friends, Accounting Methods, in the article you read this time with the title Judgment Debtor, we have prepared this article well for you to read and retrieve the information therein.
Hopefully the content of article posts accounting, which we write this you can understand. Alright, happy reading.
Title : Judgment Debtor
link : Judgment Debtor
Judgment Debtor
Judgment DebtorJudgment Debtor - Hello Friend Accounting Methods, In the article you read this time with the title Judgment Debtor, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article accounting, Article debtor, We write this you can understand. Alright, good read.
Title : Judgment Debtor
link : Judgment Debtor
Judgment Debtor
Judgment debtor is the debtor who has to pay his taken debt to creditor on the order of Court. The person who won the case and has to take the money from debtor with the help of court will be judgement creditor.
Effect of Judgment Debtor
1. Now, all the property will be under the custody of court.
2. If judgement debtor has transferred his all property to third party. Judgement creditor can get his given debt from his salary or other income resources.
Judgment Debtor Examination
If court has order to pay the creditor. But, debtor is not paying because he is not showing his assets and property. At that time, court can call the debtor. Court will ask few questions regarding his hidden assets and properties. Answers will help court to find his hidden assets and property. In the first time, debtor may speak lie regarding his hidden properties and assets. For better success, advocate of creditor should know also psychology and reasoning.
How to Get Judgement for Making Debtor as Judgement Debtor
Fill the form before the expiry period of judgement. Court will listen both parties and on the basis, he can give judgment for making debtor as judgement debtor.
Effect of Judgment Debtor
1. Now, all the property will be under the custody of court.
2. If judgement debtor has transferred his all property to third party. Judgement creditor can get his given debt from his salary or other income resources.
Judgment Debtor Examination
If court has order to pay the creditor. But, debtor is not paying because he is not showing his assets and property. At that time, court can call the debtor. Court will ask few questions regarding his hidden assets and properties. Answers will help court to find his hidden assets and property. In the first time, debtor may speak lie regarding his hidden properties and assets. For better success, advocate of creditor should know also psychology and reasoning.
How to Get Judgement for Making Debtor as Judgement Debtor
Fill the form before the expiry period of judgement. Court will listen both parties and on the basis, he can give judgment for making debtor as judgement debtor.
Thus Article Judgment Debtor
that's all the article Judgment Debtor this time, hopefully can give benefits to all of you. alright, see you in posting other articles.
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