Three-year window for trustees to act
Series: Estates Gazette ; (0433) 14 August 2004, 68-69(2)Publication details: 2004Subject(s): Summary: Explains new rules introduced under the Insolvency Act 1986 s283A which trustees in bankruptcy must follow when handling jointly owned property. Discusses the importance of the three-year rule, which forces the trustees to deal with any interest,held by the bankrupt in a home which was his or her sole or principal residence, of the bankrupt's spouse or former spouse within a period of three years beginning with the date of the bankruptcy. Explains the steps a trustee must take to comply with the rule.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68103 (Browse shelf(Opens below)) | 1 | Available | 127126-1001 |
Explains new rules introduced under the Insolvency Act 1986 s283A which trustees in bankruptcy must follow when handling jointly owned property. Discusses the importance of the three-year rule, which forces the trustees to deal with any interest,held by the bankrupt in a home which was his or her sole or principal residence, of the bankrupt's spouse or former spouse within a period of three years beginning with the date of the bankruptcy. Explains the steps a trustee must take to comply with the rule.