Writ of Seizure and Sale

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An order by a court that permits a creditor to take ownership of a property belonging to a borrower and to use law enforcement if necessary to take possession of it. This same order allows the creditor to sell the property once it is seized. Obviously, a writ of seizure and sale is a drastic step, and creditors do not request it unless all other steps have yielded no response. See also: Foreclosure.

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