Enforcement of judgement by seizing properties, sales, possessions

If you have judgment, you can possibly obtain a warrant to seize property and sale, possession, charging and garnishee orders. All these options provide the judgment creditor with rights of recourse towards the judgment debtor’s assets.

Before you decide to apply for these orders, you need to consider whether the judgment debtor owns assets that could be pursued to satisfy the debt. This information might already be known by the time you obtain judgment. However, if it is not, there are several methods of assessing the judgment debtor’s asset position. These methods are discussed in our previous issue.

It is important for creditors to take this into account as part of considering taking action.

For a full analysis of and relevant considerations for creditors, we refer you to the article by Norling Law: https://www.norlinglaw.co.nz/blog/enforcement-of-judgments-charging-and-selling-property-garnishee-and-possession-orders.

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