Official Assignee v Lawford - [1983] NZLR 486

Bankruptcy and insolvency — Rights of creditors — Husband and wife were adjudicated bankrupt — Their joint family home had a capital value of $225,000 with encumbrances amounting to $88,500 — Outstanding debts totalled $62,208 — Advances by finance companies had been personally guaranteed by both bankrupts — Whether Court should order the sale or mortgaging of joint family home to pay off creditors — Joint Family Homes Act 1964, s 16.