To get the debtor's property sold, or to put a lien on it, the creditor must obtain a writ of seizure and sale from a court. This is usually a final solution once all other options have been exhausted.
Investment dictionary. Academic. 2012.
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levy — 1 / le vē/ n pl lev·ies 1: an act of levying: as a: the imposition or collection of a tax b: the seizure according to a writ of execution of real or personal property in a judgment debtor s possession to satisfy a judgment debt 2: an amount… … Law dictionary
fieri facias — (Fi. Fa.) /fayaray feys(h)(i)yas/ Means that you cause (it) to be done. Judicial writ directing sheriff to satisfy a judgment from the debtor s property. In its original form, the writ directed the seizure and sale of goods and chattels only, but … Black's law dictionary
levy — I To assess; raise; execute; exact; tax; collect; gather; take up; seize. Thus, to levy (assess, exact, raise, or collect) a tax; to levy (raise or set up) a nuisance; to levy (acknowledge) a fine; to levy (inaugurate) war; to levy an execution,… … Black's law dictionary
fieri facias — (Fi. Fa.) /fayaray feys(h)(i)yas/ Means that you cause (it) to be done. Judicial writ directing sheriff to satisfy a judgment from the debtor s property. In its original form, the writ directed the seizure and sale of goods and chattels only, but … Black's law dictionary
levy — I To assess; raise; execute; exact; tax; collect; gather; take up; seize. Thus, to levy (assess, exact, raise, or collect) a tax; to levy (raise or set up) a nuisance; to levy (acknowledge) a fine; to levy (inaugurate) war; to levy an execution,… … Black's law dictionary
fieri facias — A writ of execution; the ordinary writ for the seizure and sale of property of a judgment debtor. 30 Am J2d Exec § 28. See testatum writ … Ballentine's law dictionary
fieri facias — writ concerning a sum awarded in judgment (often requiring seizure and sale of property for debt), Latin, lit. cause it to be done, the first words of the writ … Etymology dictionary
