Not quite correct. See previous postings! The JM's do not effect any share you have in the property. there are only effective against the interest of the joint owner. However you will need legal advice now as there is no effective way of transferring this property into your sole name nor of avoiding further JM's being registered against the property. Taking bankruptcy proceedings against a creditor is not a realistic option for you.It strikes me as very strange that irish law does not protect joint owners at all - while I can see that creditors should be paid on sale if there is equity.
Not quite correct. See previous postings! The JM's do not effect any share you have in the property. there are only effective against the interest of the joint owner. However you will need legal advice now as there is no effective way of transferring this property into your sole name nor of avoiding further JM's being registered against the property. Taking bankruptcy proceedings against a creditor is not a realistic option for you.
Maybe the solution would be to transfer the unencumbered asset into your spouse's name only, then fight against the judgment mortgage. If you can hold out for three years ( I think ) against the judgment being registered against you, then the creditor cannot pursue the unencumbered asset, saying that you deliberately transferred the asset into your wife's name to put it behind the reach of them, maybe a solicitor or legal type might be able to assist you.
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