The applicants are husband and wife who co-own Stand 810 Mandara Township. In 2015, the husband's business encountered financial difficulties and five creditors, including the first respondent (owed $65,277.80), obtained judgments and attached the property. The applicants decided to sell the property by private treaty to realize more value than through forced sale. In July 2017, their legal practitioners engaged creditors' attorneys to agree on a distribution formula for 50% of the proceeds (the wife's 50% share being unaffected by the husband's debts). The applicants had found a purchaser offering $197,000 and submitted a distribution plan to all creditors. Four of five creditors accepted, but the first respondent allegedly refused initially and its acceptance was disputed. After another creditor (Leon Business Solutions) noted a caveat, a second distribution plan was drawn. The applicants sold the property on 12 July 2017 before securing consent from all creditors. All creditors except the first respondent uplifted their caveats. The first respondent refused to uplift its caveat, prompting this urgent application filed in February 2018.