Inhibitions Flashcards

1
Q

What act introduced the availability of serving an inhibition under a sheriff court decree?

A

The Bankruptcy and Diligence etc (Scotland) Act 2007

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is an inhibition?

A

Form of diligence prohibiting the debtor from selling property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Can an inhibition be executing in pursuance of a summary warrant?

A

No

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What must be served alongside an inhibition?

A

A DAIP

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Where can a schedule of inhibition be found?

A

The Diligence (Scotland) Regulations 2009

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

From what date does an inhibition take effect if a notice of inhibition is registered prior to service?

A

The day it was served

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

When does an inhibition prescribe?

A

5 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What must you do following service of an inhibition on the walls of court?

A

Send a copy and DAIP to defs last known address

How well did you know this?
1
Not at all
2
3
4
5
Perfectly