D is corrent because a writ of garnishment allows a creditor to collect money from a debtor’s wages. Garnishment is a statutory proceeding in which money or property belonging to the debtor but under the control of a third party is applied to payment of the amount owed to the creditor. A is incorrect because an order of receivership involves appointing a receiver to an insolvent entity or individual to arrange for the sale and distribution of its assets to creditors. B is incorrect as a mechanic’s lien is a claim created by state statutes to secure priority of payment for work performed and materials furnished in building or repairing a structure. C is incorrect as arrest will not allow the creditor to collect money from the debtor’s wages.
|