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Creditors’ rights — Statutes authorizing judgment creditor to levy upon “any property” of debtor “not exempt” from execution authorizes plaintiff

Oct 20th, 2020 in News by admin

Creditors’ rights — Statutes authorizing judgment creditor to levy upon “any property” of debtor “not exempt” from execution authorizes plaintiff to execute on choses in action owned by debtor, including debtor’s claim against plaintiff itself — In instant case, court finds nothing inequitable in allowing judgment creditor with a judgment exceeding $15 million to execute upon debtor’s choses in action, including debtor’s claim against the judgment creditor