It’s applied to bank accounts. If you owe a debt ordered by the court (99.99% businesses) you can’t use your business accounts to buy luxuries, it is often also applied to the individual owner/management of the company as well so they can neither use personal or business accounts to live a life of luxury while owing debts to people.
How do you make businesses (i.e. the corporations) unable to access luxury? Sounds like an individual-level policy being applied to the organization.
It’s applied to bank accounts. If you owe a debt ordered by the court (99.99% businesses) you can’t use your business accounts to buy luxuries, it is often also applied to the individual owner/management of the company as well so they can neither use personal or business accounts to live a life of luxury while owing debts to people.