Re:You misunderstand what it means to be poor
by tmoertel on Saturday November 15, 2025 @02:14PM
(#45939831)
The point is that, regardless of whether the bailiff’s and auctioneer’s fees are eminently reasonable, it will always result in net-negative benefit to society (excepting the bailiff and auctioneer) whenever the bailiff confiscates property whose auction proceeds are less than the sum of those fees. It is therefore contrary to the public interest for the bailiff to confiscate property unless it can reasonably be expected to substantially clear those fees when auctioned.
It’s in the public’s interest to have mechanisms to quickly process insolvency in a way that attempts to fairly value property. Auctions solve that. If debtors don’t like the outcome, then they should sell the good themselves before it comes to that. Having others sell your property for you is always going to incur an additional cost.