# Liquidation of Assets

**IRI:** https://folio.openlegalstandard.org/R8VZLSV59auMMRDIWkdOoV1

## Labels

**Preferred Label:** Asset Liquidation

**Alternative Labels:**

- Liquidation

**Translations:**

- de-de: Liquidation von Vermögenswerten
- en-gb: Liquidation of Assets
- es-es: Liquidación de Activos
- es-mx: Liquidación de Activos
- fr-fr: Liquidation des actifs
- he-il: מכירת נכסים
- hi-in: संपत्ति का निष्क्रय
- ja-jp: 資産清算
- pt-br: Liquidação de ativos
- zh-cn: 资产清算

## Definition

The liquidation of assets refers to the process of selling off a debtor's property in order to satisfy a judgment or debt, as part of the enforcement of a court order.

## Sub Class Of

- https://folio.openlegalstandard.org/R9pQxz2fUIrk1LjvVP8hikg
- https://folio.openlegalstandard.org/RDKm1RXP9FfvhLzWjynAfpS
- https://folio.openlegalstandard.org/RsaC1DeVmdIpw8YKXA9JNt

## Parent Class Of

- https://folio.openlegalstandard.org/RLp6HAh5lnWtjCFthm7TMP

**Deprecated:** False