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Legal Definitions - decree of furthcuming
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Definition of decree of furthcuming
A decree of furthcuming is a court order in Scottish law that commands a third party in possession of a debtor's property to deliver the property to the creditor for liquidation or satisfaction of a debt. It is also known as a decree of forthcoming.
For example, if a person owes money to a creditor and has property in the possession of a third party, such as a bank account or a car, the creditor can obtain a decree of furthcuming to force the third party to hand over the property to be sold or used to pay off the debt.
This type of court order is commonly used in debt collection cases and is a way for creditors to recover what they are owed.
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Simple Definition
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