What is a turnover order?
A turnover order is a type of court order used to enforce creditors’ rights in the state of Texas. It is issued by a court when the debtor has failed to pay a debt owed to the creditor. The court orders the debtor to turn over any non-exempt property they have in their possession to the creditor. This property may include money, negotiable instruments, stocks, bonds, and other assets. The court may also order the debtor’s employer to withhold certain payments, such as wages, and send them to the creditor. Once property has been turned over, the creditor can then use it to satisfy the debt. A turnover order may be used to protect the creditor’s rights in the event the debtor is trying to hide or spend money that should go to the creditor. It can also prevent the debtor from using or disposing of property that could be used to satisfy the debt. In Texas, a court may issue a turnover order when it feels the creditor’s rights are being threatened or violated.
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