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LSDefine

Simple English definitions for legal terms

forced sale

Read a random definition: further advance

A quick definition of forced sale:

A forced sale is when someone has to sell something because of a legal reason, like a court order or bankruptcy. It's not because they want to sell it for money. If someone sells something because they want to, it's not a forced sale. For example, if someone can't pay their mortgage, the bank might make them sell their house in a forced sale.

A more thorough explanation:

A forced sale is a type of sale that happens when someone is legally required to sell something, rather than choosing to sell it for economic reasons. This can happen in situations like a mortgage foreclosure or a bankruptcy proceeding.

For example, if someone falls behind on their mortgage payments and the bank forecloses on their home, the bank may be legally required to sell the home in a forced sale. Similarly, if a business goes bankrupt, the court may order a forced sale of the company's assets to pay off its debts.

It's important to note that a forced sale is different from a voluntary sale, which happens when someone chooses to sell something for economic reasons, such as wanting to downsize or move to a new location.

forced pregnancy | forced share

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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