Bob owes Kalish $1,000 and fails to pay. Kalish sues and wins a writ of attachme

Question

Bob owes Kalish $1,000 and fails to pay. Kalish sues and wins a writ of attachment and then a writ of execution against Bob's rare stuffed moose. An auction is held and Kalish buys the moose for $100. Which of the following is true regarding these facts? 1) Kalish can secure additional writs because Bob still owes Kalish another $900. 21 Kalish accepted the rare stuffed moose in "satisfaction" of the debt and cannot pursue Bob for more money A debtor, Bob in this case, gets a fresh start and Kalish has no further rights after getting the moose. 3) A stuffed moose is not like a car or house and in no case can a judge order a writ of attachment against a personal asset like this.

Explanation / Answer

The correct option is option A. Kalish can secure additional writs because Bob still owes Kalish another $900

Related Questions

Navigate

• Browse (All)
• Browse B
• Subjects

---