Should you make an Application to register you home under the Joint Family Homes Act 1964. It could be an advantage if you have your own business and this will could provide protection from creditors. In effect the property could be registered if:
1. You are the registered owners.
2. You are able to pay all debts.
3. [...]
Joint Family Homes Act 1964
October 15th, 2009 · No Comments · Uncategorized
Tags:Act 4·Act Registration·Creditors·Debts·Dwelling·Official Assignee·Own Business·Principle Place·Proceeds·Public Notices
“Priority Sum in your Mortgage”
September 8th, 2009 · No Comments · Uncategorized
Has anyone ever explained to you in plain English what your Priority Sum is in your mortgage?
Well let me take this opportunity to explain:
The Priority Sum is a figure that your Bank or Lender nominates so that may be able to borrow more money in the future without having to come back to see your [...]
Tags:Benk·Borrow Money·Caveat·Debts·First Mortgage·Interested Party·Kim Kim·Monies·Mortgagee·Mortgages·New Mortgage·Plain English·Priority·Settlement Questions·Third Party
