Hoping to get some clarity on Liquidation processes because I can't find much out there on the topic.

During liquidation from margin, is there an intelligent method to the liquidation; that is, a malleable path to preserve the potential capital... such as in situations where a huge short position is owned that buying back all at once would be more costly (damaging to creditors) than doing it slowly (that's what I mean by intelligent method)... or maybe slow is worse, if people just see up up up and pile in before it prices them out.

Or are all the assets (shorts included -- or obligation to buy them back) just dumped onto the market at once by a very standard set of rules, and timelines; and if so, what does this process look like...

Are there any examples out there to show exactly how liquidation unfolds after failing margin?