How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Chris The Lawyer Your Own Question
Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 22966
Experience:  38 years qualified as a lawyer; LLB, MMgt and FAMINZ.
Type Your New Zealand Law Question Here...
Chris The Lawyer is online now
A new question is answered every 9 seconds

I have a sealed judgement on a company that owes our company

Customer Question

I have a sealed judgement on a company that owes our company 25k. A Warrant of Seizure needs to identify the company assets to be seized which is near impossible, Beside a Statutory demand which will most probably be ignored as we would not be able to afford to take it to court to liquidate them, what else can I do?
Can I garnish the company income. Can the director/owner be made liable for the debt of the company in some way?
it is ridiculous that he can get away with this. It would send the average small business broke.
Submitted: 1 year ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 1 year ago.

If you serve a statutory demand you can also send this to their bank which will certainly get their attention. The other option could include getting an order for examination and then examine the directors about assets and income. If the directors don't turn up you can get a warrant for arrest to compel them to appear. If you get information this may help with charging orders and seizure.