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Rule 46A Application Valuation

Rule 46A outlines the procedures creditors must follow to obtain an execution order against a debtor's primary residence.

Rule 46A establishes the procedural guidelines that creditors must adhere to when pursuing an execution order against a debtor’s primary residence:

Court Application: Creditors are required to file an application with the court, presenting detailed information about the debtor, the debt, and the property in question. This includes an extensive array of data, such as a market valuations of the property,  the debtor’s payment history, efforts made to assist the debtor in addressing arrears, market valuations of the property, and any outstanding rates, taxes, or levies.