U B THE JUDGE
An Australian Story - A Conveyancing Solicitor From Hell
Resulting Trust
My ex-husband and I sold our marital home (owned jointly) to buy another property, but neither of our names was put on the title.
The conveyancing solicitor put our money into someone else`s company which purchased two properties, with our money!
This conveyancing solicitor did this without our knowledge or consent. Shortly after this time, my ex-husband transferred all his interests in the two properties to me, except for $20,000.
I took the matter to Court to get the marital assets returned. The Judge dismissed my case.
I was bankrupted by the conveyancing solicitor, although I was solvent and this matter has not yet been finalised in the Courts.
Now that conveyancing solicitor wants me to pay her $164,529.13.
There have been Court injunction orders over the properties since 1999.
According to the Law of Resulting Trust, I am the "owner in equity" of the two properties.
:: ITSA
The Insolvency and Trustee Service Australia obviously agree with me.
Here is an excerpt from their Report to Creditors about my financial position.
Some of these figures are a little blurry, as I scanned in a faxed copy.
It lists: Unsecured Creditors $164,798.13
Secured Creditors Deficiency $0.00
Total Unsecured Creditors $164,798.13
Assets: Houses valued at $1,400,000
Mortgage to Bank $237,161.00
Surplus: $1,162,839.00
:: Solicitor`s Claim
This was prepared by ITSA and shows the conveyancing solicitor wants $164,529.13 from me.