Acts and Regulations

C-33 - Creditors Relief Act

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Procedure of creditor where writ of execution is in existence
6If a debtor permits an execution, issued against him out of The Court of Queen’s Bench of New Brunswick and under which any of his goods or lands have been seized by a sheriff, to remain unsatisfied in the sheriff’s hands till within two days of the time fixed by the sheriff for the sale thereof, or for twenty days after seizure, or allows an execution against his lands to remain unsatisfied for nine months after it is placed in the sheriff’s hands, the proceedings hereinafter authorized may be taken by other creditors as claimants in respect of debts, whether overdue or not; but in any proceedings taken in respect of a claim not due, there shall be a rebate of interest for the time to elapse before the debt is due.
R.S., c.50, s.6; 1979, c.41, s.32
Procedure of creditor where writ of execution is in existence
6If a debtor permits an execution, issued against him out of The Court of Queen’s Bench of New Brunswick and under which any of his goods or lands have been seized by a sheriff, to remain unsatisfied in the sheriff’s hands till within two days of the time fixed by the sheriff for the sale thereof, or for twenty days after seizure, or allows an execution against his lands to remain unsatisfied for nine months after it is placed in the sheriff’s hands, the proceedings hereinafter authorized may be taken by other creditors as claimants in respect of debts, whether overdue or not; but in any proceedings taken in respect of a claim not due, there shall be a rebate of interest for the time to elapse before the debt is due.
R.S., c.50, s.6; 1979, c.41, s.32