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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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NosyBeagle
10:45
u gotta lock in bro
ParallelAgreeableOrangutan
10:48
I've been out of school for a long time and I'm scared I won't remember how to be a student, or that I'm too used to sleeping full 8-hour nights
NosyBeagle
10:53
I recommend finding students like you for support. There's bound to be a few.
ParallelAgreeableOrangutan
11:05
I'm hoping so, especially with such a large 1L class
I've never been a study group guy in my whole life. Seems like that's the default in law school, though. Idk it's more than a year away for me so I shouldn't even be thinking about this sort of minutia, but like I wonder if study groups are actually tangibly helpful in law school? I bet that majorly depends on who is in your study group, but then they form at the beginning of the year before anybody knows eachother, and momentum just keeps them going even if they aren't great
Nah, the cliques start forming at asd
First round draft picks
Then later ones are lower draft picks
So everyone gets kinda the same peer group in relation to academic ability
Wont be much or any bottom feeders leeching off smart study master/unofficial tutor
Bettercaulsaul
11:18
I haven’t been much of a group study person either in my educational career. If you’re living on campus it won’t be too bad ; I think it mainly becomes an issue for those who live off campus or commute far
AngryMiniCar
11:39
Bro bad news. No lunch no pasta... someone took all 5 containers of left over pasta from the firm lunch yesterday
AngryMiniCar
11:39
I'm irrationally mad :')
@PremiumFrequentCrane: The unofficial tutor is exactly why I've never been a study group guy lol. That is always how it went any time I would attempt it
NosyBeagle
11:51
rip to the epic pasta lunch
NosyBeagle
11:53
i am also irrationally mad because I second guessed myself on an answer and beefed it
NosyBeagle
11:53
me from 5 mins ago was cooking idk what happened
AngryMiniCar
11:58
Not in the mood to study anymore. @Nosybeagle tell me to suck it up and go do RC passages
11:59
@AngryMiniCar: Whos gonna carry the boats?
AngryMiniCar
11:59
What boats
AngryMiniCar
12:00
Is this a r/woosh moment for me
NosyBeagle
12:00
@AngryMiniCar: I'm never in the mood. I hate this f'ing test but we r doing this for us and for the future people were going to help with our lawyer chops so get to it!
12:01
@AngryMiniCar: its a david goggins thing
AngryMiniCar
12:01
OHHH LMAOO
12:08
ho I feel like David goggins
12:48
im so bored
12:48
the children (me) yearn for the classroom
12:56
november lsat LETS GO
NosyBeagle
12:58
^ me if I beef the august lsat
AngryMiniCar
13:47
^ same boat
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