Under which condition is a writ of attachment sought?

A writ of attachment is a legal order that allows a court to hold a defendant's property to secure a judgment that may be awarded to a plaintiff during a litigation process. This mechanism is used specifically to prevent the debtor from transferring or selling the property in question while the legal dispute is being resolved, ensuring that there will be assets available to satisfy the judgment if the plaintiff wins the case.

This process is particularly important in scenarios where a plaintiff fears that the defendant might dissipate or conceal assets after a lawsuit has been filed. By obtaining a writ of attachment, the plaintiff can freeze specific assets, thereby safeguarding their potential recovery until the matter is decided in court. The focus here is on the interim measure to maintain the status quo regarding the debtor's property throughout the trial.

In contrast, the other options do not reflect situations where a writ of attachment would be used. For instance, seeking a writ is not relevant when a property is being sold or when a loan is defaulted, because those circumstances do not specifically address securing assets pending the outcome of a lawsuit. Similarly, liquidating a debtor's assets typically occurs after a judgment has been made rather than during ongoing litigation.