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Mortgage Judgement ???

  • 17-07-2012 4:05pm
    #1
    madcharlie
    Registered Users, Registered Users 2 Posts: 57 ✭✭


    Hi y'all
    I hope maybe someone might be able to shed some light on this! I was involved last year in a family business with my mum and dad, due to ill health and the current economy , we had to close the business, leaving behind some bank debt. I recieved a letter from the banks solicitor informing me there were taking a judgement mortgage out against me on any property I own. Now I don't own any property, I am 23 and living in my parents heavily mortgaged house. However does this judgement mortgage affect me if i get left property in the next 12 years (term of the judgement). Thanks a mill for any feedback and I hope I have this in the right forum, its my first posting.


Comments

  • #2
    Our man in Havana
    Closed Accounts Posts: 29,473 ✭✭✭✭Our man in Havana


    If you buy any property in the next 12 years they can slap a JM on it if they find out.


  • #3
    madcharlie
    Registered Users, Registered Users 2 Posts: 57 ✭✭madcharlie


    Our man in Havana wrote: »
    If you buy any property in the next 12 years they can slap a JM on it if they find out.

    Cheers for that :)


  • #4
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    Marry a partner you can trust


  • #5
    seb65
    Registered Users, Registered Users 2 Posts: 402 ✭✭seb65


    nuac wrote: »
    Marry a partner you can trust

    Haha


  • #6
    madcharlie
    Registered Users, Registered Users 2 Posts: 57 ✭✭madcharlie


    Ha , I think I have enough problems ! But if the bank does not find out if I inherit something, I could be safe ???


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