Newborn,
Time is correct.
Sunhill ,
As regards your own thread your family home is safe i am surprised that the very frequent contributors did not ask the pertinent question who signed and who is liable for the investment loans.I am also presuming that your wife gave no personal guarantee.
Nonsense. The family home is not "safe" ( whatever that means?) where a judgment mortgage attaches to an interest of one spouse. It means that the non - judgment spouse can protect a share in sale proceeds. Nothing more.
mf
Yes but in this instance the title of the house is in the wifes name.....who is not a party to the loan from which the judgement has arisen.....the question is can the bank seek to declare an interest by me in the property and thus get a judgement mortgage on that interest by virtue of my having made all the repayments on the house in the wifes name ?
I have a judgement against me.
The house is bought in my name and the loan is in my name.
Would it be prudent to put herself on the title to protect against a judgement mortgage on the house?
!
No. Judgements only last for 12 years.A judgement is for life until its paid or settled.
. An JM can be registered against an interest in a property. this would not necessarily be evident from the TD's.
.
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