Introduction to Creditors' Remedies (10:I): Difference between revisions
From Clicklaw Wikibooks
Introduction to Creditors' Remedies (10:I) (view source)
Revision as of 06:59, 28 October 2016
, 28 October 2016no edit summary
Desy Wahyuni (talk | contribs) mNo edit summary |
Desy Wahyuni (talk | contribs) mNo edit summary |
||
Line 1: | Line 1: | ||
{{LSLAP Manual TOC|expanded = creditors}} | {{LSLAP Manual TOC|expanded = creditors}} | ||
There are legal remedies available to creditors to enforce a debt, but the related procedures are frequently time-consuming and potentially costly, and there is no guarantee that the creditor will actually receive all of the funds owed. The most important reason for starting civil proceedings to collect a debt is to permitthe creditor to execute on their judgment. Such execution proceedings may include: | There are legal remedies available to creditors to enforce a debt, but the related procedures are frequently time-consuming and potentially costly, and there is no guarantee that the creditor will actually receive all of the funds owed. The most important reason for starting civil proceedings to collect a debt is to permitthe creditor to execute on their judgment. Such execution proceedings may include: |