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GOVERNMENT GAZETTE OF REPUBLIC OF NAMIBIA N$4.00WINDHOEK 29 August 2014No. 5546Advertisements PROCEDURE FOR ADVERTISING IN THE GOVERNMENT GAZETTE OF THE REPUBLIC OF NAMIBIA1. The Government Gazette
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What is sales in execution?
Sales in execution refer to the process of selling property or assets that have been seized or foreclosed as a result of legal action to satisfy a judgment or debt.
Who is required to file sales in execution?
Typically, creditors who have obtained a judgment against a debtor and are seeking to recover debts through the sale of the debtor's assets are required to file sales in execution.
How to fill out sales in execution?
To fill out sales in execution, one must complete the appropriate forms provided by the court, detailing the assets to be sold, the judgment information, and other required details, and then submit these forms to the relevant court.
What is the purpose of sales in execution?
The purpose of sales in execution is to enable creditors to recover amounts owed to them by liquidating the debtor's assets through a court-ordered sale.
What information must be reported on sales in execution?
Information that must be reported includes details about the debtor, the nature of the debt, a description of the assets being sold, and any relevant court case information.
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