The official website of the Supreme People's Court was queried on the property to be auctioned, the people's court shall entrust the appropriate qualifications of the appraisal organization to carry out price assessment. For the property value is low or the price in accordance with the usual methods easy to determine, can not be assessed. The court auction equipment is not always treated as scrap.
Judicial auction is the people's court in the civil case of compulsory execution procedures, according to the procedures of their own or commissioned the auction company to publicly deal with the debtor's property, in order to settle the claims of creditors work.