if you do not have assets, then simply ignore the writ - but if you have assets, then you might be in a bit of a bother. from memory, people used to get "divorced", so that the assets ended up with the "ex wife", in the property settlement. watso is not too certain if that loophole is still available...mmmmm not sure if this helps - but watso just had a quick look for something
"And we have the Managing Director and major shareholder selling his matrimonial home in 2007 (which was owned in joint names with his wife) and then buying a $1.8m unit and a $3.5m property in his Wife's name solely. Whilst this already smells fishy, you could perhaps ordinarily argue maybe it was the precursor to a marriage breakdown and property settlement."
something to do with kleenmaid - and one of the comments
ref
http://www.news.com.au/business/story/0,23636,25338298-462,00.html?from=public_rss
maybe you can "pay up" and then sell, and maybe the loss will only be about half of the $150,000
Add to My Watchlist
What is My Watchlist?