What is right of attachment?

The right of attachment refers to a legal claim that allows a creditor to seize a debtor's property or assets to secure a debt before a judgment is reached in a lawsuit. This process typically involves a court order allowing the creditor to take possession of the property to ensure it is available for satisfying a potential future judgment. It serves to protect the creditor's interests by preventing the debtor from disposing of or hiding assets. The specifics of this right can vary by jurisdiction and the nature of the debt involved.