Instead of the order requiring the attendance of the judgment debtor, as provided in sections 501–503 of this title, the court may, upon proof by affidavit of the party, or otherwise to its satisfaction that there is danger of the debtor leaving the Virgin Islands, or concealing himself therein, and that there is reason to believe he has property which he unjustly refuses to apply to such judgment, issue a warrant requiring the marshal to arrest him and bring him before the court. Upon being brought before the court, he may be examined on oath, and if it then appears that there is danger of the debtor leaving the Virgin Islands, and that he has property which he unjustly refuses to apply to such judgment, he may be ordered to enter into an undertaking with one or more sureties that he will from time to time attend before the court, as may be directed, and that he will not, during the pendency of the proceedings, dispose of any portion of his property not exempt from execution. In default of entering into such undertaking he may be committed to jail by warrant of the court.