Maryland Limited Order To Locate Assets is a court-ordered process used to identify and locate a debtor’s assets. This legal procedure assists creditors in recovering money owed to them by individuals or businesses. A limited order is commonly used when a creditor can’t determine the exact location of a debtor’s assets, such as if they have been transferred to another account or entity. There are three types of Maryland Limited Order To Locate Assets: financial institution order, employer order, and garnishment order. A financial institution order requires a financial institution to turn over all information regarding the debtor’s accounts and assets. An employer order requires an employer to turn over information about the debtor’s wages and salary. A garnishment order requires a third party to turn over any assets that the debtor has transferred to them.
Maryland Limited Order To Locate Assets
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