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The action should be filed in the Municipal Trial Court because the subject of the action is an amount within the jurisdiction of said court.

(02cc026ant0259r02c8pl025bd0259r ) noun. a legal procedure by which two or more parties claiming the same money or property may be compelled to resolve the dispute among themselves in a single action rather than proceeding individually against the party holding the disputed money or property.

Interpleader is a civil procedure device that allows a plaintiff or a defendant to initiate a lawsuit in order to compel two or more other parties to litigate a dispute.

Intransitive verb. : to go to trial with each other in order to determine a right on which the action of a third party depends.

An interpleader action is an equitable proceeding brought by a third party to have a court determine the ownership rights of multiple claimants to the same asset or property that is held by that third party.

Interpleader is a form of equitable relief. Equitable remedies are ways for courts to enforce rights other than by issuing a judgment for money damages. Interpleader is employed when two or more parties seek ownership of money or property that is held by a third party.

A way for a holder of property to initiate a suit between two or more claimants to the property. If, for example, A holds property that he knows he does not own, but that both B and C are claiming, A can sue both B and C in an interpleader action, where B and C could litigate who actually owns the property.

Interpleader is a kind of procedure whereby a person in possession of property not being his own, and being claimed from such person (possession) by two or more other persons (so called claimants), by which the matter can be brought to court for adjudication over ostensibly valid and enforceable competing claims over

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WARRANT IN DEBT – INTERPLEADER (Form DC-428). 1.

A statement issued by the trustee to the debtor or a person authorized by the debtor to act for the debtor on the debtor's behalf stating that the debtor has a security interest in the property. 2. A statement issued to the trustee by an Indian, American Indian or Alaska Native Nation, a Tribal Public Administration, in conjunction with a public records request, setting forth: a. the name of the debtor; b. the amount of the debt; and c. the names of any lien holders of record and the name and address of the person making the request. 3. A statement issued by the trustee to the debtor stating that, notwithstanding the debtor's bankruptcy, the trustee is acting as trustee for the debtor in connection with this Chapter 11 case, and the trustee believes that the debtor has a security interest in the property referred to in paragraph (a) of this subdivision. (f) SHIPMENT — INTERPLEADER (Form DC-431). 1.

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Bronx New York Sample Letter for Interpleader Action

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