Seized Assets During Appeal
Summary
A judgment creditor in New York can sell seized assets during an appeal unless a stay is obtained by posting a bond or other security. The court may also grant a stay in certain circumstances. Consult a local attorney for more specific advice.Full Conversation
Can assets/property seized on judgment in New York be sold during an appeal?
Hello ****,
In general, a judgment creditor can sell seized assets/property even during an appeal in New York. However, there may be specific exceptions or rules:
- An appellant may obtain a stay by posting a bond or providing other security.
- The court may grant a stay in certain circumstances.
Please consult a local attorney for more specific advice.
Gotcha...
Hello ****,
To clarify, are you asking if the same rules apply in South Carolina?
No, you answered my question.
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