judgment mortgage

U

user123456

Guest

• 19 Apr 2007

• #1

Can the holder of a judgment mortgage force the sale of a house to collect the money due?

 

V

Vanilla

Registered User

Messages

4,098

• 19 Apr 2007

• #2

Yes there is a procedure to do this. Usually fairly drawn out in my experience. It's called applying for a well charging order.

 

B

bond-007

Registered User

Messages

3,171

• 19 Apr 2007

• #3

I take it you couldn't well force the sale of a €200k house to get €20k?

 

V

Vanilla

Registered User

Messages

4,098

• 19 Apr 2007

• #4

I am not aware of any monetary limit on it, so potentially you could.