Representation of Powell [2018] JRC 073 (20 April 2018)

Representation of Powell [2018] JRC 073 (20 April 2018)

The remise de biens expired after one year without success due to Mrs Powell's lack of cooperation; as a matter of law, she is deemed to have made cession générale, the stay on dégrèvement proceedings is lifted, and no further extension is possible without creditor consent.

Citation
[2018] JRC 073
Parties
Representor: Mrs Powell; Secured Creditor: Acorn Finance Limited; Secured Creditor: Jersey Home Loans Limited
Jurisdiction
Jersey
Judgment Date
20 April 2018
Procedural Posture
Remise De Biens Application / Post Remise, Report and Orders Following Expiry
Outcome
remise de biens expired; cession générale deemed; stay on dégrèvement lifted
Legal Topics
Remise De Biens, Cession Générale, Dégrèvement, Capacity, Stay of Proceedings
Insolvency Property Law Remise De Biens Cession Générale Dégrèvement Capacity Stay of Proceedings

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Parties

Mrs Powell

Representor

Acorn Finance Limited

Secured Creditor

Jersey Home Loans Limited

Secured Creditor

Procedural Posture

Remise De Biens Application / Post Remise, Report and Orders Following Expiry

Legal Issues

  1. 1 Whether the remise de biens should be further extended beyond one year
  2. 2 Whether Mrs Powell has capacity to participate in proceedings
  3. 3 Whether the stay on dégrèvement proceedings should be lifted

Ratio Decidendi

The remise de biens expired after one year without success due to Mrs Powell's lack of cooperation; as a matter of law, she is deemed to have made cession générale, the stay on dégrèvement proceedings is lifted, and no further extension is possible without creditor consent.

Court Disposition

remise de biens expired; cession générale deemed; stay on dégrèvement lifted

Orders

  • Remise de biens not extended further
  • Stay on dégrèvement proceedings lifted