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  • A Judicial Deposit or Sequestration Takes Place

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    Phi Salvador
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    A judicial deposit or sequestration occurs when a court orders the attachment or seizure of property involved in litigation. A right of retention gives a creditor the ability to keep a debtor's property in the creditor's possession until the debt is paid in full. These concepts relate to situations where property owned by a debtor is in the hands of a creditor during a legal dispute or debt repayment.

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    A judicial deposit or sequestration occurs when a court orders the attachment or seizure of property involved in litigation. A right of retention gives a creditor the ability to keep a debtor's property in the creditor's possession until the debt is paid in full. These concepts relate to situations where property owned by a debtor is in the hands of a creditor during a legal dispute or debt repayment.

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    © All Rights Reserved
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    7 views1 page

    A Judicial Deposit or Sequestration Takes Place

    Uploaded by

    Phi Salvador
    A judicial deposit or sequestration occurs when a court orders the attachment or seizure of property involved in litigation. A right of retention gives a creditor the ability to keep a debtor's property in the creditor's possession until the debt is paid in full. These concepts relate to situations where property owned by a debtor is in the hands of a creditor during a legal dispute or debt repayment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    A judicial deposit or sequestration takes place 

    when an attachment or seizure of property in


    litigation is ordered

    Right of retention is the right of a creditor to retain a thing which belongs to a debtor, and
    which is in the creditor's possession, until the debt has been fully paid.

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