A recent High Court personal insolvency judgment has poked a hole in the logjam blocking the resolution of bad mortgage cases when it comes to one tricky category of broke debtor: separated couples, and more specifically, the case of the deserted spouse.
Ms Justice Marie Bakers ruling in Re: JD (a debtor) will help guide how banks and other lenders consider personal insolvency arrangements debt write-off plans for individuals needing a financial leg-up when a spouse is no longer around or helping to repay the couples joint debts.
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Read the full article at: http://www.irishtimes.com/business/personal-finance/ruling-clarifies-position-of-deserted-spouse-in-debt-write-off-cases-1.3025385