Form 51 Writ of Sequestration - British Columbia, Canada

Form 51 Writ of Sequestration in British Columbia, Canada is a legal document used to seize and secure someone's property until a judgment is made in a lawsuit. It is typically used to prevent the defendant from hiding or disposing of assets.

In British Columbia, Canada, the Form 51 Writ of Sequestration is typically filed by a party to a lawsuit who seeks to seize and retain property in dispute to secure their claim.

FAQ

Q: What is a Form 51 Writ of Sequestration?
A: A Form 51 Writ of Sequestration is a legal document used in British Columbia, Canada to seize and hold property as security for a debt.

Q: When is a Form 51 Writ of Sequestration used?
A: A Form 51 Writ of Sequestration is used when a creditor wants to seize and hold property to ensure that the debtor pays their debt.

Q: How does a Form 51 Writ of Sequestration work?
A: The creditor files a Form 51 Writ of Sequestration with the court, and if approved, it allows a bailiff to seize and hold the debtor's property until the debt is paid.

Q: What happens after a Form 51 Writ of Sequestration is filed?
A: Once a Form 51 Writ of Sequestration is filed, the bailiff will seize the debtor's property, and it will be held until the debt is paid or the court orders otherwise.

Q: Can a debtor challenge a Form 51 Writ of Sequestration?
A: Yes, a debtor can challenge a Form 51 Writ of Sequestration by filing an application to set aside the writ or by providing evidence to show that the writ is invalid or excessive.

Q: Are there any requirements for filing a Form 51 Writ of Sequestration?
A: Yes, there are certain requirements for filing a Form 51 Writ of Sequestration, such as providing a statement of claim, an affidavit of debt, and paying the required fees.

Q: What should I do if I receive a Form 51 Writ of Sequestration?
A: If you receive a Form 51 Writ of Sequestration, you should seek legal advice immediately to understand your rights and options.

Q: Is a Form 51 Writ of Sequestration the same as garnishment?
A: No, a Form 51 Writ of Sequestration is not the same as garnishment. Garnishment involves the direct deduction of money from a debtor's wages or bank account, while a sequestration involves the seizure and holding of property.

Q: Can a Form 51 Writ of Sequestration be lifted?
A: Yes, a Form 51 Writ of Sequestration can be lifted if the debt is paid or if the court orders its release.

Q: How long does a Form 51 Writ of Sequestration last?
A: A Form 51 Writ of Sequestration typically lasts until the debt is paid or until the court orders its release.