Current location - Loan Platform Complete Network - Loan consultation - I sued the court for auctioning the other party's property, but his property had a bank loan. Is the money from the auction deducted from the legal fees, evaluation fees and other expenses before retu
I sued the court for auctioning the other party's property, but his property had a bank loan. Is the money from the auction deducted from the legal fees, evaluation fees and other expenses before retu
I sued the court for auctioning the other party's property, but his property had a bank loan. Is the money from the auction deducted from the legal fees, evaluation fees and other expenses before returning the bank loan? 1. The auction proceeds are deducted from the auction execution expenses, that is, legal fees, evaluation fees, auction fees, etc. , and then distributed to creditors. Creditors are assigned to creditors with priority first, such as secured banks. The rest is redistributed to general creditors, such as you.

2. If you participate in the auction, you must pay the transaction amount and auction commission in full after the auction, and the money owed to you cannot be deducted from the transaction amount first.

At the same auction price, you have priority, that is, when other buyers bid, you can say that you also want that price, so you have priority. But if others bid higher than you, if you don't want it, others will win it.