What is the term for a seizure of property which may be sold to satisfy a judgment?

Prepare for the Mississippi Bail Agent Test with flashcards and multiple choice questions. Each question is complete with hints and detailed explanations. Ace your exam with confidence!

The term for a seizure of property that may be sold to satisfy a judgment is "levy." In the context of legal proceedings and debt collection, a levy serves as an enforcement mechanism allowing a creditor to take possession of a debtor's property to satisfy a court-ordered judgment. Once the property is levied, it can be sold at auction, and the proceeds from the sale are then used to pay off the outstanding debt.

The concept of a levy is essential in understanding civil enforcement actions, as it provides a means for creditors to recover funds owed to them when a debtor fails to pay voluntarily. This process must typically follow specific legal procedures to ensure that the rights of both the creditor and the debtor are respected.

Other terms such as liability, mandate, and magistrate have different legal meanings and do not relate directly to the action of seizing property for judgment satisfaction. Liability refers to the state of being legally responsible for something, usually in terms of debt or wrongdoing. A mandate is a formal order or command, often issued by a court, but it does not specifically refer to the seizure or sale of property. A magistrate is an official who administers the law, typically in a lower court, but does not inherently relate to the concept of

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