1, A United States Marshal; i.e., an officer of the executive branch of the federal government, whose duties are to execute the orders of the federal courts, for EXAMPLE, summonses, writs, or warrants.

2. Generally, a court officer with the authority to carry out legal process.

3. A town or village police officer, in some jurisdictions.

marshal:
verb.

1. To assemble; to arrange and dispose of in proper order; to collect; to round up.  Also see commingle; commingling.

marshaling:

Assembling; arranging and disposing of things in proper order; collecting; rounding up. See marshal.

marshaling assets:

1. The collecting of assets, often by a trustee in bankruptcy or a receiver, for the purpose of paying debts in accordance with their priority. See commingle; commingling.

2. The principle that when two or more creditors seek satisfaction out of the assets of their common debtor, and one of them is entitled to resort to two funds but the other has recourse to only one of the funds, the first creditor may be required to seek satisfaction from the fund the second creditor cannot touch, so that the second creditor may, if possible, have her claim satisfied out of the fund that is subject to the claims of both creditors. The situation arises when, for EXAMPLE, a senior mortgagee has a lien on two parcels of land, and a junior mortgagee has a lien on only one of the parcels (see junior mortgage; senior mortgage).

marshaling liens:

1. An expression sometimes used in place of marshaling assets. [2]

Frequently Used Forms from U.S. Marshals

References:

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