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LSDefine

Simple English definitions for legal terms

Sheriff's sale

Read a random definition: undue burden

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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starfishies
16:25
@Mostlylegal: yep i got 4/1 i applied early dec (it was my last app) and @Jupiter i really have an overall positive view of the school if you ever need positive confirmation for them
Mostlylegal
16:32
lets hope friday is our day, i just got mine tday
16:35
can i ask an lsat question rq?
Mostlylegal
16:37
sure
starfishies
16:38
yep hoping for some straggling decisions before the 4/15 deposit deadline but ill be alright if not
any guesses on the next wave for loyola chicago?
Looks like no waves td
captaincringe
18:16
Just got a WL email from Loyola Chicago a few mins ago. Good luck!
MrThickRopes
18:42
fo pm gon come thru 4 us tmrw
starfishies
18:43
absolutely
HumdrumSoreGecko
18:52
Any SMU waves soon? App status updated but nothing yet :)
19:15
2.9/17high splitter best shot?
19:15
2.9/17high splitter best shot?
MrThickRopes
19:35
bro got a 2.9 bro is NOT the thinker
starfishies
19:37
thats not nice
19:39
im dead😂
19:40
MrThickRopes
starfishies
19:40
washu would want u ;-;
19:41
Thank u!
[] c0bra1
20:40
is nyu doing tuesdays instead of wednesdays now
MrThickRopes
23:12
fuuuckkkk
MrThickRopes
23:12
mr thick. ropes is . wasteddddd
Just wnna say im proud of everyone who applied to schools this year! You’re amazing!!
Hi guys quick question
Has anyone applied to Jacksonville ?
Jacobdoeshisbest
1:24
Hi
whats up yall i have noone to tell that I just got a 169 on a practice test and I am so proud of myself. that's all
@DirtyQuackYak: Congrats but that's not good enough. 173 is the new 170 so do the math. Buckle up.
@CheerfulSpikyVole: Nah, no one would apply to that school that hangs around here.
@MrThickRopes: sounds like the next Dkk.
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