Writ of Attachment - Explained
What is a Writ of Attachment?
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
What is a Writ of Attachment?
In a legal case, a writ of attachment is a court order that empowers a plaintiff to attach or seize the assets of a defendant pending the time the legal case is finalized. A writ of attachment is a prejudgment process, it is an order issued before the final judgement is reached. The asset or property seized is kept under a U.S Marshal, law enforcement officer or a sheriff until an outcome is reached. The purpose of a writ of attachment is to prevent the defendant from disposing of the asset before a court judgment is issued.
How Does a Writ of Attachment Work?
Through a prejudgment writ of attachment, the assets or properties of a defendant are frozen pending the time legal action is decided on. The plaintiff in a legal case can seek a writ of attachment as a prejudgment process to prevent the assets been disposed before the final judgement is made. A writ of attachment can also be referred to as a contingent lien. There are diverse forms of attachment which include sequestration, garnishment and replevin. Creditors can also apply for writ of attachment as a legal claim of the asset or property of the defendant (the borrower). It is important to note that a writ of attachment is not the final judgment, rather, it is a prejudgment that lasts until the final decision is made by the court. A writ fi attachment provides the plaintiff from being cheated and also guarantees a future judgment. Plaintiffs can as well negotiate with defendants on terms of settlement after a writ of attachment has been secured. A plaintiff can obtain a writ of attachment on the following grounds or claims;
- A contract based on money
- A partially secured or unsecured loan
- A commercial business agreement or
- On a fixed amount that can be ascertained.
Before a court can grant a writ of attachment to a plaintiff as a prejudgment process, the plaintiff must file a lawsuit before a court. After the civil lawsuit has been filed, the plaintiff also needs to serve a complaint stating that he wants to recover debts owed by the defendant. Once this has been put into writing, a plaintiff can commence a process to obtain a writ of attachment before the court reaches a resolution on the case.
Related Topics
- Civil Litigation Procedure (Intro)
- What is a civil lawsuit or civil action?
- Who are the parties to a lawsuit?
- What is standing to sue?
- Venue
- What is personal jurisdiction?
- What is a class action?
- What are the pleadings?
- What is discovery?
- What is the scope of discovery?
- What are motions and how are they used?
- What are frivolous cases?
- Barratry
- What is the process of selecting a jury?
- What are the steps involved in a civil trial?
- What is the burden of proof in a civil trial?
- How is a civil trial decided?
- Adjudication
- Default Judgment
- Stipulated Judgment
- Equitable Defenses
- Equitable Relief
- Doctrine of Clean Hands
- Compensatory Damages
- Punitive Damages
- Replevin
- What is joint and several liability?
- Judgment Proof
- What is the process for appeal?
- Amicus Curiae Brief
- How do parties enforce a civil judgment?
- Levy
- Garnishment
- Writ of Attachment
- Writ of Execution
- Writ of Seizure and Sale
- Sheriff's Sale
- What is res judicata