SALES AND DISTRIBUTION OF PROCEEDS OF SALES
U.S. District Court for the Eastern District of Virginia
U.S. District Court for the Eastern District of Virginia
(A) General: All sales shall be made by the United States Marshal or an authorized Deputy United States Marshal in the name of the Marshal. (B) Confirmation by Court: All sales shall be subject to confirmation by the Court. The Marshal shall file with the Clerk on the day of sale a report thereof. (C) Marshal's Discretion in Certain Instances: The Marshal may decline to knock down a vessel or other property to the highest bidder when the highest bid, in his or her opinion, is grossly inadequate.
(D) Deposit of Sale Proceeds: The proceeds of all sales by the Marshal shall be forthwith paid into the registry of the Court to be disposed of according to law. (E) Distributions: All distributions of the proceeds of any sale shall be by order of the Court. 57
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