Court conviction and houses

[Me1960]

My friend’s husband is under suspicion of fraud alongside several other colleagues at his workplace. They own their house after paying their mortgage off and both their names are on the deeds. They are worried that if he is convicted they will lose the house and don’t know what to do- should they put the house solely in my friend’s name or keep it as it is? They don’t know if courts can recoup money from assets owned jointly or not.

[dslippy]

The powers are wide ranging and very complicated and brutal. They should not go against a sharer's interest.

Assuredly anything you do now to dissociate him from assets may be easily seen through.

[atticus]

There is no easy answer. If the money used to pay off the mortgage was dishonestly obtained, the Proeeds of Crime legislation could well kick in. If so, avoidance measures will be seen through and reversed.

[Me1960]

Thank you for your replies, I will relay the information to my friend and let them take it on board. They don’t have any idea where to go for advice or if they need a solicitor

[dslippy]

'under suspicion of fraud' can mean an awful wide range of things.