David Oldfield, co-founder of One Nation, is still fighting the bankruptcy application filed by Christine Johnston, his mother-in law.
He’s now been given a timeline to secure the sale of his matrimonial Belrose home that would see him dodge the pesky creditors’ petition.
Federal Court hearings last month revealed that Oldfield has until next Juni to finalize the sale of his bushland estate.
A put-and call option was granted to the seller in early January that could lead to a sale. However, a previous put-and–call filed on its title in February 2013 has not been settled.
MORE: ‘Free’ Teslas to come with new Sydney homes
Sydney’s latest $100m home sale
Why Charles must now rent to Prince William
Johnston, mother of Lisa Oldfield of The Real Housewives of Sydney, is trying to bankrupt her son in law since last year. She claims he owes her a loan she lent her money in 2014.
The matter was adjourned until October, but it is likely that the parties will approach court to dismiss the matter if the property settlement is made sooner.
The Oldfields, parents of two boys, separated in 2018 after 17 years together, shortly after their tempestuous appearance on I’m a Celebrity … Get Me Out of Here!
Oldfield’s 1980s home, where he was a member the NSW Legislative Council…