I have a question in regards to a lien placed on our home.
My husband owned a business prior to us being married and it went into liquidation in Jan 2010. He had given several personal grantees on loans and credit facilities he had with banks / companies.
We jointly built a house starting Aug 2009 and finished in May 2010. We got the mortgage jointly and pay it jointly.
We married in July 2010 and at this point I was totally unaware of any personal guarantees he had given.
Since then several court proceeding have been filed against him. Recently one company was granted a right to place a lien on our home for the amount of 120K.
I do understand that his junction is against him and not me. From what I gather if we ever sell the house I will get 50% of any profit and his will go to this company.
However I fell like if we ever sold the house as a married couple with the intention of buying another house, then that would directly effect me.
My question is, can I appeal that despite the case not been taken against me? Am I protected in any way from that happening? I never did and would never consent to my home being used a collateral for anything so how can they come after it?
Does anyone have any experience of this or advice?