Lawyerment Discussion Forum
The Malaysian Law Discussion Forum for All
Forum Home | Sign In | Sign Up | Search | Help | Lawyerment HomePost a New Message | Reply this Thread | Printer

Home / Miscellaneous / Others
Query on Property Joint Ownership in cases of Bankruptcy
Query on Property Joint Ownership in cases of Bankruptcy

New MessageQuery on Property Joint Ownership in cases of Bankruptcy (modified 0 times) Sarah
Needing help on this issue

My ex and I have two properties in KL. The first has a joint ownership between me and him with the property loan of this house under his name alone. The second property also has a joint ownership but with the property loan now under my name only.

My question is if he was declared a bankrupt, will I, a Gov servant be affected in any way? My concern is solely on the second property for which the loan is under my name. I am also paying mortgages for a third property, but for which my ex is not involved. If the Bank decides to auction the first property as a result of my ex's being declared a bankrupt,will the second property be auctioned too as he has a joint ownership on the second property??

Desperately needing help on these issues


06 Jul, 2011 15:32:18

Post a New Message | Reply this Thread | Printer | Forward
All times are MYT

Copyright © 1999-2015 All rights reserved

Privacy Policy | Terms Of Use | Contact | About Us | Advertising Opportunities
Disclaimer - Please Read Carefully

These Bulletin Board pages are intended as a public service primarily to allow non-lawyers and lawyers to share experiences and opinions with other non-lawyers and lawyers. They are NOT intended to be a source of advertising, solicitation, legal advice, self-promotion or disparagement. Lawyerment assumes absolutely no responsibility for postings or their content. Visitors may post questions, comments and replies without prior review by Lawyerment, but we reserve the right to delete any postings (in whole or in part) for any reason at any time.
However, the fact that a posting remains on site NEVER means that it has been approved or endorsed by Lawyerment. By making a posting you are agreeing that the material you post becomes the property of Lawyerment. Lawyerment is a unit of Magnificent Communication. Visitors should exercise great caution when reading this (or any other) Bulletin Board. Be aware that those who post messages may not be who they claim to be. Never to rely on any advice in legal matters except from an attorney you have retained to represent you and your interests. To locate and retain an attorney we suggest you visit our Lawyerment Lawyers' Directory.
Click here to visit for 1000's of answers to legal questions. Please read our Privacy Policy and Disclaimer & Conditions Of Use.
Copyright © 1999-2015 All rights reserved