Sunday, September 26, 2010

Judgment Mortgage-Registering A Judgment Mortgage | BusinessAndLegal.ie

Judgment mortgages are de rigeur in Ireland at the moment with considerable numbers of people finding themselves in difficult financial circumstances.A judgment mortgage will only arise after the obtaining of a judgment against a debtor on foot of a debt. The effect of then registering a judgment mortgage on a debtor’s property will be to give the registrar of the judgment mortgage priority over unsecured creditors of that debtor.