Illinois Citation To Discover Assets-Third Party is a legal process used in the state of Illinois to identify and collect assets from a third party who is financially responsible for a debt. This includes individuals, businesses, or other entities that owe money to the creditor or plaintiff. This process is used to collect a judgement or to satisfy a debt owed to the court. There are three types of Illinois Citation To Discover Assets-Third Party: Order of Citation, Citation to Discover Assets, and Citation to Discover Bank Accounts. An Order of Citation is issued to a third party if the court determines that they are responsible for the debt. A Citation to Discover Assets is used when the party being sued does not have sufficient assets to satisfy the debt. Finally, a Citation to Discover Bank Accounts is used to locate any bank accounts held by the third party.
Illinois Citation To Discover Assets-Third Party is a legal process used in the state of Illinois to identify and collect assets from a third party who is financially responsible for a debt. This includes individuals, businesses, or other entities that owe money to the creditor or plaintiff. This process is used to collect a judgement or to satisfy a debt owed to the court. There are three types of Illinois Citation To Discover Assets-Third Party: Order of Citation, Citation to Discover Assets, and Citation to Discover Bank Accounts. An Order of Citation is issued to a third party if the court determines that they are responsible for the debt. A Citation to Discover Assets is used when the party being sued does not have sufficient assets to satisfy the debt. Finally, a Citation to Discover Bank Accounts is used to locate any bank accounts held by the third party.