An Illinois Turnover Order is a court order issued by an Illinois court allowing a bank or other financial institution to turn over money or property held for a debtor to a creditor. This type of order is commonly used to enforce a judgment or to collect a debt. There are two types of Illinois Turnover Orders: a Turnover Order to Bank and a Turnover Order to Third Party. A Turnover Order to Bank requires the bank or financial institution to turn over any funds or property held by the debtor to the creditor. A Turnover Order to Third Party requires an individual or entity other than the debtor or the bank or financial institution to turn over any funds or property held by the debtor to the creditor.
Illinois Turnover Order
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Turnover Order
An Illinois Turnover Order is a court order issued by an Illinois court allowing a bank or other financial institution to turn over money or property held for a debtor to a creditor. This type of order is commonly used to enforce a judgment or to collect a debt. There are two types of Illinois Turnover Orders: a Turnover Order to Bank and a Turnover Order to Third Party. A Turnover Order to Bank requires the bank or financial institution to turn over any funds or property held by the debtor to the creditor. A Turnover Order to Third Party requires an individual or entity other than the debtor or the bank or financial institution to turn over any funds or property held by the debtor to the creditor.
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