15-3-111 - Creditor remedies. - Mississippi Statutes

§ 15-3-111. Creditor remedies.
 

(1)  In an action for relief against a transfer or obligation under this article, a creditor, subject to the limitations in Section 15-3-113, may obtain: 

(a) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; 

(b) An attachment or other provisional remedy against the asset transferred or other property of the transferee; 

(c) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure, 

(i) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property; 

(ii) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or 

(iii) Any other relief the circumstances may require. 

(2)  If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds. 
 

Sources: Laws, 2006, ch. 371, § 6, eff from and after July 1, 2006.