Upon determining that rent and profits will not generate sufficient revenue, the commissioner will hold a public auction, at which the property will be sold.
Virginia differs from many other states in that it does not provide for a right of redemption, by which a debtor can reclaim the property if they raise the money to pay the debt after the foreclosure sale.
In order to execute a money judgment against personal property, such as vehicles, furniture, clothing, jewelry, equipment, appliances, and the like, the creditor must obtain what is called a "writ of fieri facias" (often abbreviated to "fi fa").
The fi fa which commands the sheriff or other officer of the state to whom the creditor delivers it to locate, seize, and publicly sell the property of the judgment debtor.
Normally, the fi fa will have a return date of ninety days, and the debtor's property must be seized and sold within that ninety-day period.
An attempt to seize property pursuant to the writ after the return date is invalid, and may be quashed by the debtor.
The creditor will then have to seek a new writ, which will be granted so long as the underlying judgment remains in force.
Virginia is an important jurisdiction for enforcing judgments related to internet domain names because Verisign, the registry for the .com and .net TLDs, is headquartered in the state.
2010) (note: this case was heard prior to Verisign moving its headquarters to Virginia, hence its being appealed in the Ninth Circuit).
Garnishment is ineffective with respect to stock certificates or other negotiable instruments; those must be by physically seized through the procedures for seizure of personal property.
This is a very difficult standard to prove, but the state does provide some statutory presumptions of fraudulent intent.
In particular, a transfer between spouses or close family members is presumed to be fraudulent unless proved otherwise, as is renunciation of a gift received by a beneficiary under a will.