BN66 - Time to fight back!!! - Page 91

DonkeyRhubarb · 3rd July 2008, 17:28

Clearly there is no point transferring property or other assets into your spouse's (or anyone else's) name because if you are declared bankrupt they can go back 5 years. However, the courts have upheld that this doesn't apply in the case of a divorce settlement.

A Court of Appeal decision has upheld the rights of ex-spouses to keep property they have been granted in the divorce settlement even though their former partners have since been made bankrupt, says law firm DWF.

...

The trustees administering the bankruptcy case applied to the courts to have Mr Haines’ share of the farmhouse returned to help pay off his debts. This was in line with insolvency rules which allow property transferred to another person before the bankruptcy to be clawed back up to five years later if it could be shown that the transaction was at an undervalue.

http://thatsnews.blogspot.com/2007/1...ow-for-ex.html

BrilloPad · 5th July 2008, 09:28

Quote:

Originally Posted by DonkeyRhubarb

Clearly there is no point transferring property or other assets into your spouse's (or anyone else's) name because if you are declared bankrupt they can go back 5 years. However, the courts have upheld that this doesn't apply in the case of a divorce settlement.

A Court of Appeal decision has upheld the rights of ex-spouses to keep property they have been granted in the divorce settlement even though their former partners have since been made bankrupt, says law firm DWF.

...

The trustees administering the bankruptcy case applied to the courts to have Mr Haines’ share of the farmhouse returned to help pay off his debts. This was in line with insolvency rules which allow property transferred to another person before the bankruptcy to be clawed back up to five years later if it could be shown that the transaction was at an undervalue.

http://thatsnews.blogspot.com/2007/1...ow-for-ex.html

Anyone on here facing claims from HMRC and the divorce courts? Could be an interesting fight.

SantaClaus · 5th July 2008, 13:01

On the subject of leaving the country in the worst case, I would love to know (theoretically of course

) whether the govt. can pursue you and extradite you from Spain.

After all, the parents of Maddie managed to avoid being extradited from Portugal.

Any international criminal lawyers out there?

poppy01 · 5th July 2008, 18:53

Quote:

Originally Posted by SantaClaus

On the subject of leaving the country in the worst case, I would love to know (theoretically of course

) whether the govt. can pursue you and extradite you from Spain.

After all, the parents of Maddie managed to avoid being extradited from Portugal.

Any international criminal lawyers out there?

can we stop this, please. hmrc havent a leg to stand on ok. the Justices will take them apart.

also hector reads this forum you know. i wont be party to discussions re extradition, divorce, tax evasion, or whatever,

are you all effin mad.....

BrilloPad · 5th July 2008, 19:17

Quote:

Originally Posted by poppy01

hmrc havent a leg to stand on ok. the Justices will take them apart.

SantaClaus · 5th July 2008, 19:24

Quote:

Originally Posted by poppy01

can we stop this, please. hmrc havent a leg to stand on ok. the Justices will take them apart.

also hector reads this forum you know. i wont be party to discussions re extradition, divorce, tax evasion, or whatever,

are you all effin mad.....

Hi Hector, just wanted to say what a great job youre doing running the country

As you say, "tax doesnt have to be taxing". I mean its all so simple with a million pages of regulations.

By the way, my name is Santa if you want to come knocking at my door and I live at 33 Lapland Crescent, Lapland.

Seriously, we've got to discuss things somewhere and everything we discuss is theoretical. Nobody is advocating taking any course of action.

BrilloPad · 5th July 2008, 19:27

Quote:

Originally Posted by SantaClaus

Hi Hector, just wanted to say what a great job youre doing running the country

My name is Santa if you want to come knocking at my door

He will steal all the children's christmas presents...

Diver · 5th July 2008, 19:32

Quote:

Originally Posted by poppy01

can we stop this, please. hmrc havent a leg to stand on ok. the Justices will take them apart.

also hector reads this forum you know. i wont be party to discussions re extradition, divorce, tax evasion, or whatever,

are you all effin mad.....

Or party to the use of capital letters apparently

SantaClaus · 5th July 2008, 19:48

Poppy, you do realise that Her Majesty's Customs and Excise will be after you anyway.
Poppies are related to the highly illegal drug Opium after all

BrilloPad · 5th July 2008, 19:49

Quote:

Originally Posted by SantaClaus

Poppy, you do realise that Her Majesty's Customs and Excise will be after you anyway.
Poppies are related to the highly illegal drug Opium after all

Are you suggesting that Mr Brannigan is on heroin? That would explain alot...