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LSDefine

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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17:24
banned, soft ass valve devs
matching foundation to th
the neck is crazy
17:37
yea, if u cant match foundation to neck, idk what to say, maybe civilized society aint for u chief
17:37
@DigiFartHoe: bruh Imoment
but apparently BU Law is
side eye
17:37
Just fucking spray paint your whole body every day
17:37
why arent u also picking ones that blend to be the same color as your skin lmfao
17:38
you only need down to neck wit crazy contours
17:38
or if you fuck up at picking color
17:38
#dusters
17:38
^is what some1 who cannot blend foundation would say
17:38
oh i forgot you are yapanese and use a pound of makeup
17:38
@JupitersMoons: for applyin early spring, u killin it!
bestie wait thank you
IrishDinosaur
17:47
Ignoring the racist troll, unpopular opinion: match light coverage foundation to face, match Med/high coverage to neck
17:48
@DigiFartHoe: While sadly, I am not Japanese, I am a yapologist.
17:48
@IrishDinosaur: Bestie gets it!
17:50
no trust me you are going to not want to do the neck or collarbones or you look likea drag queen
17:56
@DigiFartHoe: I would do a trust fall and trust you, but your point has been refuted as incorrect, take the L and move on, unless this is a hill you would die on, imo.
im not taking makeup advice from a dude
DifferentTranquilDuck
18:08
Another day another R
18:11
@llama: okay crusty, keep looking like man in makeup instead of beautiful 1990s model
18:22
@DigiFartHoe: Im jk idk anything about makeup besides the names. You are right. You always have been, and always will be right, in my heart <3
18:31
Damn right
18:51
tfw the adderall wears off and you start doubting that youll even go to law school
LawwithKay
18:52
@NemoPropheta: same af
tfw the adderall wears off and u realize u've been in a fugue panic state all day and haven't eaten so u absolutely destroy some homophobic chicken (chickfila)
19:22
homophobic chicken is crazy
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