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Simple English definitions for legal terms

Sheriff's sale

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A quick definition of Sheriff's sale:

Sheriff's sale: A special kind of auction where the sheriff sells things that people owe money on. This is done to pay off the debt or judgment that the person owes. Anyone can come to the auction and bid on the items being sold.

A more thorough explanation:

A sheriff's sale is a public auction that is conducted by the sheriff's office. The purpose of this auction is to sell off property or assets that have been seized by the sheriff's office to satisfy an unpaid debt or judgment.

For example, if a homeowner fails to pay their mortgage, the lender may obtain a judgment against them. If the homeowner still fails to pay, the lender can request that the sheriff's office seize the property and sell it at a sheriff's sale to recover the debt.

Another example is if a business owner fails to pay their taxes, the government may obtain a judgment against them. If the business owner still fails to pay, the government can request that the sheriff's office seize the business assets and sell them at a sheriff's sale to recover the debt.

These examples illustrate how a sheriff's sale is used to satisfy an unpaid debt or judgment by selling off property or assets. It is important to note that the proceeds from the sale are used to pay off the debt or judgment, and any remaining funds are returned to the owner of the property or assets.

Sheriff | Sherman Antitrust Act

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General chat about the legal profession.
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15:43
woah so much swagger with dat 'm;
Dkk
15:47
@shaquilleoatmeal: more like, blow my back out by the bay boston instead of back bay boston.
Dkk
15:48
Indeed, the legendary man himself.
15:49
I would go to blow my back out by the bay boston
15:50
lift with ur back not your legs, its better to have a blown back than two bad legs
CynicalOops
15:53
Blow and back day out by boston bay
15:59
so true
Dkk
16:03
Of course. Man sad Ricky Henderson died. That was my favorite athlete of all time.
windyMagician
16:10
is it dumb that I rlly want to go to Mich even tho I have a full ride to umn
16:12
no-value as a consumer often means more than the price
Dkk
16:15
@windyMagician: Nah michigan is better than UMN
Dkk
16:15
My sister just officially graduated, yay!
16:16
awesome @Dkks sister
16:16
prolly named veronica or sarah
windyMagician
16:16
@Dkk: for public defense tho?
windyMagician
16:16
Sarah in the bathroom
texaslawhopefully
16:17
@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.
windyMagician
16:17
fuck okay
windyMagician
16:17
going to my dream school is crazy
michigan also has better options if you do PD for 10 years then want to do something else
windyMagician
16:19
also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?
16:20
would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like
texaslawhopefully
16:23
For fed clerkships by far Michigan places better. I think it’s like 14-15 percent
windyMagician
16:25
sticker debt is high-key scary tho
texaslawhopefully
16:26
I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.
16:34
i am going to wait patiently into january to get into a law school
16:34
then i will start tweaking
texaslawhopefully
16:42
January could not come any sooner
16:54
i hope you guys all have a very lovely holiday season
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