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What does it mean if someone obtains a seizure order on my assets?

If another party has a legitimate claim for payment from you, they can request the seizure of your assets until the courts have ruled on the matter. If the District Commissioner approves the request for seizure, you cannot dispose of the seized assets while the court case is ongoing.

Further information on asset seizure can be found here.

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District Commissioners

Greater Reykjavík

Mon to Thu 8:30 - 15
Fri. 8:30 - 14
Tel: 458-2000

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