Enforcement of Judgments Self-Quiz
Harvey owns
20 acres of real property in the state of Blackacre. Susan has obtained
a judgment against Harvey in the amount of $100,000. Harvey’s real
property has a fair market value of $1 million. A real estate appraiser
has equally valued each acre of Harvey’s property at $50,000 each.
Through execution, Susan instructs the local Sheriff to levy upon Harvey’s
property. What portion of Harvey’s property should the Sheriff direct
to be sold a public sale?
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Philip has
obtained a judgment against Matt in federal court in the amount of $75,000.
Philip seeks to enforce the judgment through an income execution. Matt
is a first year law associate and earns, after taxes, $52,000 per year
in disposable earnings. Assume for the purpose of this question that the
federal minimum wage is $5 per hour. How much may Philip receive through
his income execution?
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Andrew seeks
to enforce a money judgment against Brian. Brian owns real property on
which a house is built. Brian lives in the house. Through execution,
Andrew instructs the local Sheriff to levy upon Brian’s house and
sell it through public sale so that Andrew may receive the proceeds to
satisfy Brian’s debt. Is this execution proper?
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