Terms Used In 7 Guam Code Ann. § 23403

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(a) A Guam judgment creditor is specifically authorized to file a motion for an order to show cause against a judgment debtor in an effort to compel the turnover of assets or, when the assets that are sought are not in the possession of the judgment debtor himself, to compel any person who holds the assets of the judgment debtor to turn over those assets. Guam courts are hereby authorized to issue a “”delivery order”” or “”turnover order.””

(b) With respect to a person who holds the assets of the judgment debtor, a Guam court may issue an order requiring any person to deliver any such assets, or to convert said assets to money for payment of the judgment. The court shall require any person to turn over the assets, or so much of it as is sufficient to satisfy the judgment, to the judgment creditor. Disobedience of a turnover order is contempt of court and punishable as such.

2018 NOTE: Subsection designations added pursuant to the authority of
1 Guam Code Ann. § 1606.