LEGAL INQUIRY.
Letters of Inquiry will be answered every week in this column. As far as possible they will be dealt with in the order in which they are received, and replies will be inserted with the least possible delay.
EUREKA.—Whether you pay in advance or not the same notice must be given, in your case one week. In the case of board different principles are involved. TRURO.—The widow takes a life interest only. There will be no further death duty payable on the deceased's estate. WORRIED.—If the debt exceeds £30 your creditor will be able to make you bankrupt. You may be summoned before the court to show cause why you should not be imprisoned for non-pay-ment. In that case you should appear nnd explain your financial position. Your goods, except tools of trade, clothing, and furniture to the value of £50 may also be seized or sold. I would suggest you make an offer to pay by instalments. J O.—The cost would be about £5 to £7. It may be more satisfactory to employ a bailiff to distrain Instead of sueing. OXO.—If, as I gather, the second mortgage is now due, the mortgagee may sell the property, or, if he thinks it worth while, may sue you for the money. You should offer the mortgagee a higher rate of interest and, if possible, more substantial payment off the principal if he will give you an extension. You may be able to sell and pay the mortgage off out of the purchase money. TAXATION.—FiII in the form supplied or a land return, available at the Post Office, and show in the appropriate space the amount of your mortgage, for which you are entitled to exemption. You are liable to tax, and Should send in a return every year. The „, default assessment is about 4/ too high. MARY.—The landlord's right to distrain takes precedence over the bill of sale holder's rights. Your best plan is to distrain at once and sue for any deficiency. As judgment has been obtained gainst you it is too late to dispute liability. If a judgment summons is issued you should defend and explain your financial position to the magistrate. You will doubtless be ordered to pay, but on the information given it is impossible to say bow mncb time you would be given, or how much per week you will be ordered to pay. SEWER.—If you are the only person connected with the sewer it is for you 1° "T dy fault. Otherwise you might be entitled to look to others for contribution. WOI thi EKII S?;~ T debt rema -ins, whether the creditor dies or is missing It sent*t?„« ema i ntled by hls legal representatives. in your case an administrator, probably the Public Trustee will be appointed, and you will have as vou tn" In s payment « to him as you aid to the deceased in his life. paTall T o o wC m , hav ?„ to ready to Th» m" lnce the la »t payment, he mortgage cannot be varied with y° n r consent until it mature unless of course you make default in which case it may be called up at once
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Auckland Star, Volume LIX, Issue 223, 20 September 1928, Page 20
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532LEGAL INQUIRY. Auckland Star, Volume LIX, Issue 223, 20 September 1928, Page 20
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