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LSDefine

Simple English definitions for legal terms

execution sale

Read a random definition: account debtor

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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Dkk
8:52
The Santa Ana winds kinda helped with that because it pushed the fire back to where it had already burned despite the news media saying everything was going to get worse like the idiots they are.
Cant imagine being the guy to be like "hey so to keep your neighbors house from burning down we are going to bulldoze yours and then catch it on fire"
lilypadfrog
8:55
buddy you can either stay in or get out but we’re bulldozing this
lilypadfrog
8:55
someone brought cake to the work breakroom today
lilypadfrog
8:56
they will tell you 9 AM is too early to eat cake but they are wrong
GreyCeaselessMammoth
8:56
guys it's my bday!
lilypadfrog
8:56
happy birthday!!!
GreyCeaselessMammoth
8:56
i was going to go get myself a nice little coffee but the shop is closed because when it snows here everyone freaks out
GreyCeaselessMammoth
8:56
thanks lily!!!!
lilypadfrog
8:56
that’s probably why there was cake in my break room. someone knew it was your birthday
GreyCeaselessMammoth
8:57
exactly
GreyCeaselessMammoth
8:57
have some for me
I guess you now have to go buy alcohol now to celebrate
lilypadfrog
8:57
come here I’ll share
And for my bday a couple days ago all I got was a baby with bubble gut lol
lilypadfrog
8:58
baby and your dream law school I think those are good presents
lilypadfrog
8:59
happy bday to you too my friend
8:59
malewoods mentioned
Yeah they were all a week or so early but still pretty chill, people with January Bdays are generally the best. Just saying
@Eggan: YES! that is who it was, horny over people getting As
GreyCeaselessMammoth
9:00
yeah bulb, i've noticed that too
9:01
i wonder what happened to him but he was so annoying
lilypadfrog
9:01
I’m always wahoowa-ing in his honor
lilypadfrog
9:02
I think that’s probably why I haven’t heard anything from UVA. Yeah I didn’t write a why UVA but they can probably feel how much I say wahoowa
wahoowa
it is too damn cold
lilypadfrog
9:03
jajaja
snow with palm trees is pretty cool ngl
i wore a single quarter zip to work, its single digits rn
bruh
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