Sun.Nov 10, 2024

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What Happens If You Fail To Comply With a Court Order to Turn Over Assets?

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Some assets owned by a judgment debtor may be subject to seizure by a judgment creditor. If unsecured, the assets (e.g., bank accounts, brokerage accounts) can be transferred or sold to benefit the creditor. There are other assets that require a court order to transfer assets or the debtor’s interest in the asset to the creditor. Take, for example, a home owned jointly by two people.

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US News Today highlights on October 31, 2024 : US Election 2024: High-profile celebrity endorsements for Kamala Harris and Donald Trump

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US News Today highlights: In today’s dynamic landscape, staying updated on the latest developments across the United States is essential. US News delivers the most impactful and current stories from coast to coast, covering a broad spectrum of topics, including politics, economic trends, healthcare, social issues, and cultural shifts. From significant government actions and economic shifts to breakthroughs in technology and the latest social debates, we provide real-time updates and thoughtful a