If my spouse is sued bankrupt, will we be forced to sell a jointly owned private property? If I contribute more to the payment of the property, when the property went into force sales, how would the sales proceeds be distributed?

Answer :

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    answered on 20/03/2016

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    This depends on the facts. It is possible that the OA may decide to sell your spouse's share of the property. The proceeds should be divided based on your interest in the property - you may have to prove to the Court's or OA's satisfaction your share of the property.

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