Receiving payment under court order
Understanding Court Orders for Debt Payment
Test your knowledge on various court orders related to debt collection and payment. This quiz covers key concepts such as garnishee orders, attachment of earnings, and more.
- 8 Multiple Choice Questions
- Learn about court-ordered payments
- Improve your understanding of debt collection processes
Garnishee order
Enables the debt payment directly through the payment of the receivable
Payment taken directly from individuals wage
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Agreement to make fixed regular payment
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Attatchment of earning
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Agreement to make fixed regular payment
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Warrent of execution
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Agreement to make fixed regular payment
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Warrent of Delivery
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Agreement to make fixed regular payment
Administrative order
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Agreement to make fixed regular payment
Receivership
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Agreement to make fixed regular payment
Charge over property
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Agreement to make fixed regular payment
Bankrupty/liquidity
Payment taken directly from individuals wage
Enables the debt payment directly through the payment of the receivable
Goods seized by a bailiff which are sold to public auction in order to pay off debts
The court orders a bailiff to collect and return the goods for the debt outstanding
Appointment of a receiver to collect money on the businesses behalf in order to pay off debt
Legal charge is placed on property owned, an when sold, monies is used to pay off debts
Occurs when a business cannot pay off its debts
Agreement to make fixed regular payment
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