Chapter 550 — Executions and Exemptions

Minnesota Statutes Chapter 550 — Executions and Exemptions

354.231 This section was repealed or relocated. It no longer contains active law. 550.01 Enforcement of Judgment A judgment creditor or their assignee has 10 years from the date of entry to enforce a judgment in Minnesota. After 10 … 550.011 Judgment Debtor Disclosure After a judgment has been in district court for at least 30 days and remains unpaid, the judgment creditor can require … 550.02 Judgments; Methods of Enforcement A court judgment requiring payment of money or delivery of property can be enforced through a process called … 550.03 Kinds of Execution There are three kinds of execution (ways to enforce a judgment): against the personal property of the judgment debtor, … 550.04 Execution, How Issued; Contents This section describes what a writ of execution must contain and how it works. The writ is a court order directed to the … 550.041 This section was repealed. It no longer contains active law. 550.05 This section was repealed. It no longer contains active law. 550.051 Term of Writ of Execution; Inventory; Satisfaction The sheriff must serve a copy of the writ of execution on the judgment debtor and include a notice explaining that … 550.06 Execution After Death The writ of execution is issued by the court administrator and directed to the sheriff of the county where the judgment … 550.07 Issuance of Execution The writ of execution must be returned to the court within 60 days after it is issued, along with a report from the … 550.08 Execution Against Property, How Executed Writs of execution can be issued to multiple counties at the same time. A judgment creditor does not have to wait for … 550.09 Levy on Money After the writ is delivered to the sheriff, the sheriff levies on (seizes) the debtor's property by physically taking it … 550.10 Property Levied on, Lien Until the sheriff sells seized property, the judgment debtor can get it back by paying the full amount of the judgment … 550.11 Levy on Property Subject to Judgment Lien; Release Property seized under a writ of execution must be sold at a public auction after proper notice is given. The sheriff … 550.12 Levy on Personalty Notice of the execution sale must be given by posting notices in at least three public places in the county where the … 550.13 Levy on Bulky Articles The sheriff must keep a record of all property seized and sold under execution, including the names of the parties, the … 550.135 Sheriff's Levy on Other Personal Property, Money, or Indebtedness This section governs how a sheriff levies on personal property, money, or debts owed to a judgment debtor to satisfy a … 550.136 Sheriff's Levy of Earnings This section limits how much of a worker's wages can be taken to pay a court judgment. For most debts, a creditor can … 550.14 This section was repealed. It no longer contains active law. 550.141 This section was repealed. It no longer contains active law. 550.142 Public Employees; Wages, Execution Levy When real property is sold at a sheriff's execution sale, the sale is subject to a redemption period during which the … 550.143 Levy on Funds at a Financial Institution When a creditor freezes money in your bank account to collect on a judgment, the bank must notify you and send you an … 550.15 Certificate to Be Furnished Officer When property is sold at an execution sale, the sheriff gives the buyer a certificate of sale. After the redemption … 550.16 Levy on Pledged or Mortgaged Chattels If the amount received from the execution sale is not enough to pay the full judgment, the judgment creditor can … 550.17 Levy on Growing Crops If the execution sale brings in more money than the judgment amount plus costs, the extra money (surplus) must be … 550.175 Execution on Real Property That Includes Homestead Before a creditor can sell your home to pay a judgment, they must first get a court order. The court must determine the … 550.18 Notice of Sale The sheriff must pay over to the judgment creditor the money collected from the execution within a reasonable time. The … 550.19 Service on Judgment Debtor A third party who claims to own property that the sheriff has seized can file a claim with the sheriff. The sheriff may … 550.20 Sale, When and How If a person holds property belonging to the judgment debtor, the judgment creditor can serve notice on that person … 550.205 This section was repealed. It no longer contains active law. 550.206 Report of Sale of Homestead on Execution; Confirmation; Resale The court may order the judgment debtor to appear and answer questions about their assets and ability to pay the … 550.21 Sale of Corporate Stock The court can order property of the judgment debtor that is held by a third party to be applied toward satisfying the … 550.22 Certificate of Sale of Real Property Wages, salary, and other earnings of a judgment debtor are subject to garnishment (having a portion taken from their … 550.23 Interest of Purchaser Subject to Attachment or Judgment All goods, chattels, and real property of a judgment debtor are subject to execution, except for property that is … 550.24 Redemption of Real Property When property of a judgment debtor is held jointly with another person, only the debtor's interest in the property can … 550.25 This section was repealed. It no longer contains active law. 550.26 Redemption, How Made The judgment debtor may select which property to have sold first to satisfy the judgment. If the debtor does not choose, … 550.27 Certificate of Redemption; Effect of Redemption If the judgment debtor has property in multiple counties, execution can proceed against property in any county. The … 550.28 Sale Irregular or Judgment Reversed A judgment creditor can examine the judgment debtor under oath about their property, income, and financial affairs to … 550.29 Redemption Pending Action to Set Aside Execution Sale The court can appoint a receiver to collect money owed to the judgment debtor by third parties and apply it toward the … 550.30 Creditor May Redeem in Certain Cases Certain property of the judgment debtor is exempt from execution, meaning it cannot be seized to pay the judgment. The … 550.31 Creditor to Record Order With County Recorder If a dispute arises over whether property is exempt from execution, the court holds a hearing to determine the issue. … 550.32 Recording to Determine Priority The sheriff may not sell exempt property unless ordered to do so by the court after a hearing on the exemption claim. 550.33 Creditor May Redeem When The judgment creditor can challenge the debtor's exemption claim by filing an objection with the court. The court then … 550.34 District Court to Determine Amount If the judgment debtor fails to claim an exemption, the property may be sold at the execution sale. The debtor must act … 550.35 Redemption This section provides rules about how the sheriff handles the proceeds from execution sales, including the order in … 550.36 Stay of Execution on Money Judgment A person who loses a money judgment can pause (stay) the collection process during an appeal by posting a bond with the … 550.365 Mediation Notice and Requirements for Agricultural Property A judgment creditor can renew a judgment before it expires to extend the time for enforcement. The renewed judgment … 550.366 Judgments on Debts Related to Agricultural Property This section establishes the procedures and requirements for renewing a judgment, including the notice requirements and … 550.37 Property Exempt Minnesota law protects certain property from being taken by creditors. Exempt property includes your home furnishings … 550.371 Exemptions in Joint Bankruptcy When married couples file for bankruptcy, they must choose one set of exemptions: either the federal bankruptcy … 550.38 Veteran's Pension, Bonus, or Compensation All money received as a veteran's pension, bonus, adjusted compensation, or other benefit from the state of Minnesota or … 550.39 Exemption of Insurance Policies Money paid out under an accident or disability insurance policy is protected from creditors up to $1,000,000 per claim. … 550.40 This section was repealed. It no longer contains active law. 550.41 Levy on Property in Excess of Exemption The judgment debtor or any interested party can move the court to quash (cancel) a writ of execution if it was … 550.42 Waiver of Agricultural Debtor's Rights This section governs the enforcement of judgments against specific types of property, including property held in trust …