[DMBM656120] DMBM656120 – Enforcement action: distraint: after the levy: auctioneer's actions
If the debtor has failed to pay the distraint, you should instruct the auctioneer to sell the goods as quickly as possible. You are not giving him authority to negotiate payment by instalments.
In practice, however the auctioneer may accept payment in instalments over a short period as a cheaper and more expedient alternative to sale but only where it will ensure full payment. A sale should not be deferred to allow for any such arrangement.
If the goods are of good quality and will be attractive to bidders, the auctioneer has every incentive to arrange a quick sale and the question of instalments should not arise.