Commentary

176.3 Completed execution against goods by an enforcement officer

BANKRUPTCY AND INSOLVENCY (INDIVIDUAL INSOLVENCY) vol 3(2)
| Commentary

176.3 Completed execution against goods by an enforcement officer

| Commentary

176.3 Completed execution against goods by an enforcement officer

Even where execution against goods has been completed by a sale, there is a 14-day period before the enforcement officer or other officer charged with the execution is free to pass the proceeds of the sale to the execution creditor1. If the money is passed to the execution creditor in breach of this provision, the trustee may seek to reclaim the sum paid from the enforcement officer or the execution creditor2. The trustee is not entitled to claim goods from a person who has acquired them in

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