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At Lions Chambers LLC, we pride ourselves on being responsive. We understand that some problems need immediate attention, let us assist you.
When any Singapore Court orders the defendant to pay the plaintiff money, the winning party is faced with a big problem – the Judgment in the winning party’s favour does not mean that the Court will enforce it. Enforcement of the Judgment is left to the winning party.
This means that if you are faced with a losing party that refuses, fails or is unable to pay according to the court judgment in your favour, you would have to commence enforcement proceedings.
In this article, we seek to discuss one of the enforcement procedures available to you – a Writ of Seizure and Sale.
When you file a Writ of Seizure and Sale, it basically means that you (Judgment debtor) are requesting the courts to seize and sell movable property belonging to the losing party (Judgment Debtor) to pay the judgment debt.
For example, if the Judgment Debtor, who owns an expensive car, failed to comply with an order of the Court to pay a certain sum of money to the Judgment Creditor, the Judgment Creditor can apply to Court for an order to seize the expensive car and have it sold to satisfy the debt.
A qualified and experienced lawyer would be able to advise you on the above factors and obtain answers for you so that you may decide whether a Writ of Seizure and Sale is the right way forward to receive your dues under the Judgment.
For you to receive your dues, the Writ of Seizure and Sale must be executed successfully, and what you seize must be equivalent to, or more than the sums claimed as well as costs for the execution of the Writ of Seizure and Sale. Do consider carefully and enlist the help of a lawyer for you to do your sums. In some cases, Judgment Creditors who take out a Writ of Seizure and Sale do not recover enough to even cover the costs of their lawyers and the costs of executing the Writ of Seizure and Sale.
At Lions Chambers LLC, we pride ourselves on being responsive. We understand that some problems need immediate attention, let us assist you.
At Lions Chambers LLC, we pride ourselves on being responsive. We understand that some problems need immediate attention, let us assist you.
Attempting to recover monies on a Judgement is a technical process. Without a lawyer guiding you and with the wrong step, you could waste valuable time and money in the process.
At Lions Chambers LLC, we have experienced lawyers who are patient and well-versed with the legal system in Singapore. We will guide you through the process and explain to you each and every stage of your matter, and see you to safety on the other side.
Lions Chambers LLC is an established law firm in Singapore. Our team of lawyers specialise in various areas of law and will be able to assist you. Our consultations are free. Please call +65 8777 3677 or click here to WhatsApp us today.