Writ of execution
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A writ of execution (also known as an execution) is a
sheriff's sale and the proceeds remunerated to the plaintiff in partial or full satisfaction of the judgment. It is generally considered preferable for the sheriff simply to take possession of money from the defendant's bank account. If the judgment debtor owns real property
, the judgment creditor can record the execution to "freeze" the title until the execution is satisfied.
Generally, execution is unnecessary for defendants who pay verdicts against themselves voluntarily. However, some defendants ignore judgments against them, and thereby force plaintiffs to employ writs of execution to actually enforce judgments.
In the United States, not all
Individual Retirement Account
(IRA) from execution as well as unemployment income, but the amount that is exempt may be limited.
See also
References
- ^ Writ of execution. West Publishing. 1910. p. 1234.
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