Select Page

Bankruptcy & the Family Home

Bankruptcy does not necessarily mean the family home will immediately be sold. What happens will depend on matters including who owns the property, the amount of equity in it, any mortgage or other secured debt, and whether a co-owner is able to purchase the bankrupt estate’s interest.

Do I have a Caveatable Interest?

You must have an interest in the land to lodge a caveat on a property. It is not sufficient to lodge a caveat on a property to seek the recovery of a debt if the debt is unconnected with the land.