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LSDefine

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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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