execution sale
- This is a type of sale conducted with the purpose of enforcing a judicial judgment, performed under the supervision of an officer of the court, such as a clerk, without necessarily being ordered by the court
- Because the debtor failed to repay his loans, his estate was subject to an execution sale.
- Assets from the company were auctioned off in an execution sale, due to the business's inability to pay its creditors.
- The court clerk carried out the execution sale to recover the debt as per the judgment.
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