A sale in execution is a legal process where your property is sold at a public auction by the local sheriff of the court.
It’s usually the last step taken by the credit lender if you can’t repay your debt. When your asset is sold on auction, the offer you get may be lower than the market value of the asset, which means you could have a shortfall on your account after the debt has been repaid. Therefore, it is in your best interests to make payment arrangement with us if you’re struggling to meet your monthly debt obligations.