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A/CN.9/WG.VI/WP.90United NationsGeneral AssemblyDistr.: Limited 9 February 2021 Original: EnglishUnited Nations Commission on International Trade Law Working Group VI (Judicial Sale of Ships) Thirty
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01
Make sure you have all the necessary legal documents and information regarding the ship in question.
02
Contact the court or authorized entity in charge of the judicial sale of ships to obtain the necessary forms and instructions.
03
Fill out the forms accurately and completely, providing all required information about the ship, its condition, and the reason for the sale.
04
Submit the completed forms along with any required supporting documents to the court or authorized entity within the specified timeline.
05
Attend any hearings or auctions related to the judicial sale of ships, if required, and follow any additional instructions provided by the court or authorized entity.

Who needs judicial sales of shipsa?

01
Shipowners facing legal issues such as bankruptcy or foreclosure that may result in the forced sale of their ships.
02
Creditors seeking to recover debts by selling ships owned by debtors through judicial proceedings.
03
Individuals or companies interested in purchasing ships at a potentially lower cost through judicial sales.
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Judicial sales of shipsa is a legal process in which a ship is sold by order of a court in order to settle a debt.
Owners or parties with an interest in a ship are required to file judicial sales of shipsa.
Judicial sales of shipsa must be filled out accurately and completely following the guidelines provided by the court.
The purpose of judicial sales of shipsa is to ensure that debts related to a ship are settled through a court-ordered sale.
Information such as the ship's details, ownership details, outstanding debts, and sale details must be reported on judicial sales of shipsa.
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