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Wednesday, November 20, 2013 7:07:01 PM
Assets frequently subject to execution include the debtor’s automobiles, stock in private companies, and valuable home possessions. Creditors are apt to direct the sheriff to levy upon automobiles which a debtor owns free and clear. Creditors do not typically levy upon automobiles subject to significant car loans and liens because the procedure is costly, and few people will pay significant money to buy a car subject to a lien.
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