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LSDefine

Simple English definitions for legal terms

execution sale

Read a random definition: filiation proceeding

A quick definition of execution sale:

An execution sale is when someone's property is sold by the government to pay off a debt they owe. This happens when a court orders it or when someone doesn't pay their taxes. It's also called a forced sale or a sheriff's sale.

A more thorough explanation:

An execution sale is a type of forced sale of a debtor's property by a government official carrying out a writ of execution. This means that the sale is ordered by a court to satisfy a debt owed by the debtor. The sale is conducted by a government official, such as a sheriff, and the proceeds are used to pay off the debt owed by the debtor.

Examples:

  • John owes $10,000 to a creditor and is unable to pay. The creditor obtains a court order for an execution sale of John's car to satisfy the debt. The sheriff conducts the sale and the proceeds are used to pay off the debt.
  • Mary owes back taxes to the government and is unable to pay. The government obtains a court order for an execution sale of Mary's house to satisfy the debt. The sheriff conducts the sale and the proceeds are used to pay off the debt.

These examples illustrate how an execution sale is a forced sale ordered by a court to satisfy a debt owed by the debtor. The sale is conducted by a government official and the proceeds are used to pay off the debt.

execution-proof | executive

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JapaneseMacaque
20:55
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
JapaneseMacaque
20:57
TY
jackfrost11770
20:59
got a random stanford email and almost had a heart attack
jackfrost11770
20:59
ALSO CONGRATS!
texaslawhopefully
21:03
Congrats1!
Ratratta
21:15
Miami A, yall I'm so excited I could cry.
Ratratta
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
JazzyGazelle
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
JazzyGazelle
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
JazzyGazelle
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
180SupremeWarrior
23:53
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
JazzyGazelle
0:59
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
jackfrost11770
5:37
good morning lsd it is 5 am EST
jackfrost11770
5:37
also jazzy my ndls address went long ages ago i sadly do not think it means anything
jackfrost11770
5:38
my stanford address also went long LOL i think at most it's an indicator it's under review
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