What does a Writ of Attachment prevent a debtor from doing during a lawsuit?

Prepare for the Metro Brokers Exam with flashcards and multiple choice questions. Each question is accompanied by hints and explanations. Get ready for your certification!

A Writ of Attachment is a legal order issued by a court that allows a creditor to seize or hold a debtor's property as a security for a potential judgment in a lawsuit. The primary purpose of this writ is to prevent the debtor from conveying or transferring the property to others during the legal proceedings. This ensures that the creditor has a means to recover the debt if they win the lawsuit, as the property will remain under the court's jurisdiction and cannot be removed or sold.

By preventing the conveyance of property, the writ protects the creditor's interests and maintains the status quo until the court resolves the case. This is particularly important in ensuring that a debtor does not hide or dissipate assets that could otherwise be used to satisfy a judgment. Therefore, the answer accurately reflects the protective balance that a Writ of Attachment provides in the context of a lawsuit.

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