Whenever a creditor may seek to set aside the assignment for any reason as provided in this chapter, and fail to do so, he shall nevertheless receive the share provided for him according to the terms of the instrument, first, however, deducting therefrom all the court costs, reasonable attorneys' fees, and other necessary expenses incurred by the assignee in defending the suit.
Structure Mississippi Code
Title 85 - Debtor-Creditor Relationship
Chapter 1 - Assignment for Benefit of Creditors
§ 85-1-1. Execution of assignment; petition in chancery in case of general assignment
§ 85-1-3. Schedules of liabilities and assets to be filed
§ 85-1-5. Bond of assignee or trustee
§ 85-1-7. Assignee to become receiver of the court
§ 85-1-11. Creditor's cross-petition to set aside assignment
§ 85-1-13. Creditor's cross-petition to set aside assignment; rights of successful creditor
§ 85-1-15. Creditor's cross-petition to set aside assignment; rights of unsuccessful creditor