Execution
An Execution is an order of the court directing the Sheriff or other designated officer of
the court to seize the Defendant's property to satisfy a Judgment. If property is located,
then a levy follows. A levy is the process by which the court officer acquires possession
and control over the Defendant's property. Execution and levy are commonly treated as one
action.
Common forms of Execution are:
- Garnishment or attachment of money in the form of bank accounts, insurance proceeds,
accounts receivable, and wages.
- Attachment of physical assets such as vehicles, inventory, or equipment.
- Foreclosure on real estate.
Many Executions are returned unsatisfied to the court by the court officer because:
- The Sheriff didn't try very hard.
- Lines of a secured creditor is covering all assets.
- Defendant now out of business.
- Property found is of no economic value due to age, condition, etc...
- No bank accounts.
- Any combination of the above.
Execution successful.
Execution unsuccessful.
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