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Would'nt be too sure about that Jack2009, a neighbour has the sheriff out last week over a 30k debt to Ulster Bank. He is now unemployed , in arrears with his rent and all he has in the house are living essentials. Sheriffs agent did'nt even take a look around and said that unless he had Rembrants hanging on the wall and a Lamborgini parked in the drive then theres no way the order will be executed. It was returned to the banks solicitors marked with some legal term meaning that there were no assets to seize.The Sheriff will turn up some day and take goods to the value of €100,000 and they will try to take the goods that will damage you the most!
Would'nt be too sure about that Jack2009, a neighbour has the sheriff out last week over a 30k debt to Ulster Bank. He is now unemployed , in arrears with his rent and all he has in the house are living essentials. Sheriffs agent did'nt even take a look around and said that unless he had Rembrants hanging on the wall and a Lamborgini parked in the drive then theres no way the order will be executed. It was returned to the banks solicitors marked with some legal term meaning that there were no assets to seize.
If the Judgement is against the ltd company. You should look into [broken link removed]. Once Creditors have been notified of a liquidation the sheriff is required to back off or face prosecution, as he will be prefering himself to other creditors (it is essentially theft if he takes anything)
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