UK Bankruptcy and Irish Court Judgment

mickeyg

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If a person gets an Irish High Court Judgment registers it properly etc. but subsequently the individual against whom the Judgment was obtained files for and gets bankruptcy in the UK
I presume the once the debt related to that Judgment is listed in the Bankrupt's debts then the Judgment is no longer enforceable.
My question is - what is the process by which the unenforceability/write off of the Judgment is officially reflected in the Irish records. Is something filed with the Irish authorities by the UK Bankruptcy Court or is it up to the bankrupt to do the necessary????
 
When you go bankrupt in the UK the Official Receiver here writes to the creditors to advise them of that fact. It would be for the creditor to update their systems to reflect the fact that upon automatic discharge the debt has been cleared.
The bankrupt should not have to do anything.


Steve Thatcher
 
If the judgment mortgage is on Irish property, then the judgment creditor would be treated like a bank with a mortgage. For a full analysis of this treatment I would refer you to the following link;

http://www.frielstafford.ie/personal-insolvency/what-happens-the-family-home-in-a-bankruptcy/

If the property had equity in it, then the judgment creditor would sit tight. In essence, a judgment mortgage can still be enforceable, even in a bankruptcy.

Jim Stafford
 
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