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Simple English definitions for legal terms

judicial sale

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A quick definition of judicial sale:

A judicial sale is when a court sells someone's property to pay off a debt they owe. This happens when the person who owes the debt doesn't pay it back after being ordered to by the court. The sale is usually held in the courthouse and the money from the sale goes to the person who is owed the debt. The person who owes the debt can still avoid the sale by paying the debt in full before the sale happens.

A more thorough explanation:

When a court issues a monetary final judgment in a lawsuit, the winning party (judgment creditor) has the right to collect the debt owed by the losing party (judgment debtor). If the debtor fails to pay, the creditor can ask the court to enforce the judgment. The court will then issue a writ of execution, which allows a court officer (usually a sheriff) to take the debtor's money or property to pay the creditor. If there isn't enough money, the court can sell the debtor's property to pay the debt. This sale is called a judicial sale.

For example, let's say John sues Jane for $10,000 and wins. Jane doesn't pay the debt, so John asks the court to enforce the judgment. The court issues a writ of execution, and a sheriff takes Jane's car (worth $5,000) to pay John. Since there's still $5,000 left to pay, the court orders a judicial sale of Jane's house to cover the remaining debt.

The judicial sale usually takes place in the courthouse, and the court will issue an order of judicial sale that specifies the property to be sold, the notice, time and place of sale, and the terms and conditions of sale. However, the judgment debtor can still avoid the sale by paying the debt in full.

Judicial sale is usually the last resort for a judgment creditor to collect on a debt.

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Quillinit
11:59
^^^^^ would love to get into Cornell lmao
Quillinit
11:59
or anywhere!
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12:06
@letsseehowitgoesnow: you okay?
12:08
@ KnowledgeableRitzyWasp did u withdraw frm all your classes for two years or just a few? i have 2 W's
12:23
listening to the front bottoms at the gym again ist es over fur mich?
My wife and I saw TFB with manchester orchestra the night before thanksgiving a few years back and it was pretty damn choice
shaquilleoatmeal
12:27
yoo lets dawg what happened, you good?
12:28
breakup
12:28
happens to the best of us
12:28
@UnsuitableMaliciousHedgehog: that’s so fucking sick
rough night and morning with ex :/. we broke up but we live together
shaquilleoatmeal
12:29
damn ;/ it is break up season dawg, i'm sorry you're going through that
12:29
it really is breakup season
shaquilleoatmeal
12:29
i lived with my ex for 3 months after we broke up and it was brutal. If you can move out quicker rather than later
thanks shaq! i just needed some input from people who are looking from the outside in
im gonna pack up my stuff and leave for a few days when i get off work
12:31
sometimes I think about things my ex said and did to me and a year later it still makes me so sad that I ever let myself be treated that way
shaquilleoatmeal
12:32
yee bud clear your head how you need, shit sometimes even just driving with no destination and some sad ass music can get you through this
shaquilleoatmeal
12:32
you grow through what you go through bunny, you know for the next relationship what you deserve
I want to run you guys through a scenario to see what yall think. Go to off topic for the one time lol
12:34
gotchu
hello friends
13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
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