Insolvent Deceased Estates It is well known in Australia that you can’t inherit a debt from a relative (unless it attaches to an asset you are inheriting. But what happens if your loved one passes away, leaving more debt than assets. Who pays the debts? Just like with living people, if a person dies while …
Asset Protection Bankruptcy Company Contact Contract Law Debt Recovery Joint Venture Personal Securities Property Refinancing
9 May 2016
Risks and legalities of lending money
You are not a bank but you decide to lend someone money….. There are a lot of families I see where they have lent a considerable amount of money to their adult working children with the expectation that it will be paid back, but there is nothing actual concrete to ensure it happens. The accountability …
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Bankruptcy Debt Recovery Sheriff
25 September 2014
Debt Recovery: Part 3 – Warrants
Part 3- of debt recovery series: Using Warrants to Sell Goods & Land This is the most commonly used enforcement procedure and is generally used by a judgement creditor when they believe you own personal property, which can be seized to pay the judgement debt. The Sheriff is directed/ordered by the warrant to attend at …
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