As a result of not getting a job, Susan becomes unable to pay her debts. She...
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As a result of not getting a job, Susan becomes unable to pay her debts. She is sued by her creditors, who obtain a number of judgments against her for unpaid debts. One creditor issues a writ of execution against her, and another serves a bankruptcy notice. There is another debt claimed by a builder which she disputes. The builder was hired to install a verandah at the back of her house but after a few months one of the wooden verandah posts collapsed. She is defending the legal action for that debt. Provide the following advices: (a) Explain what a writ of execution is and what effect it would have on her car? (5 Marks) (b) Explain what a bankruptcy notice is, and what effect a bankruptcy order would have on Susan. (5 Marks) (c) In relation to the debt which she disputes, what forms of alternative dispute resolution might be suitable to her case? (5 Marks) As a result of not getting a job, Susan becomes unable to pay her debts. She is sued by her creditors, who obtain a number of judgments against her for unpaid debts. One creditor issues a writ of execution against her, and another serves a bankruptcy notice. There is another debt claimed by a builder which she disputes. The builder was hired to install a verandah at the back of her house but after a few months one of the wooden verandah posts collapsed. She is defending the legal action for that debt. Provide the following advices: (a) Explain what a writ of execution is and what effect it would have on her car? (5 Marks) (b) Explain what a bankruptcy notice is, and what effect a bankruptcy order would have on Susan. (5 Marks) (c) In relation to the debt which she disputes, what forms of alternative dispute resolution might be suitable to her case? (5 Marks)
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a Writ of Execution A writ of execution is a court order that directs a sheriff or other law enforcement officer to enforce a judgment by seizing and ... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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