Suing advice needed

[Lara Lotus]

I am currently about to sue someone. I have two questions.

I am aware he has recently transferred a number of his buy to let mortgages. Can these transactions be overturned? Arguably he has done this to evade creditors

Secondly any properties in his wife's name, of which he pays all the mortgage for btw but he may have been sneaky and put it in her name can creditors have access to his half of those properties even if he is not the legal owner but is the beneficial or equitable owner ?

 

[selfemployed]

A few points I would make:-

- Act quickly as he seems to know what he is doing if he is transferring assets
- The longer you leave it the harder it might be to argue he moved assets to avoid paying creditors
- TAKE PROFESSIONAL ADVICE

You will need a lawyer to take this further so start now, ask for proper legal advice. Even if you just record your plans with a lawyer and there is nothing they can do for a while with the virus going around, at least you have effectively time stamped your action.

 

[Needhelp]

Get onto it asap before all of funding and assets have be squirrelled away - they obviously know what they are doing.

 

[selfemployed]

I think there are ways and means of clawing back assets/funds which have been moved purely to avoid payment to creditors. However, where law is involved I would recommend taking professional advice as one small error could be very very costly.