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LSDefine
Simple English definitions for legal terms
money made
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A quick definition of money made:
Money made: When a sheriff collects the amount of money stated on a legal document called a writ of execution, they fill out a form called a "return" to show that the money has been collected. This form is called a "money made" because it shows that the money has been made or collected.
A more thorough explanation:
MONEY MADE
Money made refers to the amount of money collected by a sheriff as stated on a writ of execution.
When a court orders a debtor to pay a certain amount of money to a creditor, the creditor may obtain a writ of execution to enforce the judgment. The sheriff will then collect the money from the debtor and provide a return to the court indicating the amount of money made.
For instance, if a court orders a debtor to pay $10,000 to a creditor and the sheriff collects the full amount, the return on the writ of execution will indicate that $10,000 was money made.
The example illustrates how money made is the amount of money collected by a sheriff as stated on a writ of execution. In this case, the sheriff collected the full amount of $10,000, which is the money made. The return on the writ of execution serves as proof that the money was collected and can be used to satisfy the judgment against the debtor.