does the creditor has the right to posses or seized consigned goods even though he had actual knowledge?

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does the creditor has the right to posses or seized consigned goods even though he had actual knowledge?

If the creditor has actual knowledge the the debtor sells consigned goods, does he have the rights to seized them?

2006-11-12 10:56:14 · 3 answers · asked by Orchid M 1 in Politics & Government ➔ Law & Ethics

3 answers

If you are talking about during a bankruptcy proceeding, the answer is no. Only the BK trustee can seize property. If you are talking about something else, it would require a court order to seize any property.

2006-11-12 11:06:56 · answer #1 · answered by Starla_C 7 · 0⤊ 0⤋

I do not understand the question. Who owns the goods and who is the creditor and who is the consignee?

2006-11-12 18:59:58 · answer #2 · answered by goodtimesgladly 5 · 0⤊ 0⤋

not clear on this question..........
don't follow?

2006-11-12 18:58:08 · answer #3 · answered by cork 7 · 0⤊ 0⤋