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SDE 5 - Creditors' Rights and Remedies There are various laws assisting creditors to collect a debt.These rights and remedies include: Mechanic's Lien; Artisan's Lien;
SDE 5 - Creditors' Rights and Remedies
There are various laws assisting creditors to collect a debt.These rights and remedies include:
- Mechanic's Lien;
- Artisan's Lien;
- Attachment;
- Writ of Execution; and,
- Garnishment of wages.
First, draftthree (3) factual scenariosusingthe above-listed creditors remedies assisting three (3) creditors to collect a debt.Assume that the debt occurred in Florida.
Second, indicateanother way in which the creditor might succeed in at least collecting partial payment of the debt?
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