0
What's the criteria in becoming judgment proof in California. I lost everything and only living on SSA and Alimony...thanks. I am a senior over 71 and can't find work but being threatened with liens.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Are life insurance policies judgment proof in California?
beats me
Is social security disability judgment proof in Missouri?
Social Security Disability and Social Security is judgment proof from debtors in all states.
Is judgment proof legal in Kentucky?
"Judgment-proof" means that even if a plaintiff obtains its civil judgment against its defendant, the defendant has no assets from on which the court can levy in proceedings in aid of execution to satisfy the judgment. It also generally implies that as a result the defendant is not worth being sued, because the possibility of ultimately recovering a money judgment is nil.Added: There is no such legal principle as judgment proof. It is not a defense to a lawsuit. One can obtain a judgment against a defendant, regardless of the ability to collect the judgment. Plaintiffs often choose to proceed against defendants who appear to be judgment proof because they believe that the defendant will eventually have assets or income against which to collect.You are correct. The status of being judgment-proof is as a matter of fact and not a matter of law. Which is why I used the word "implied" and not the word "holds". Therefore, it is legal to the extent that as a matter of fact the judgment cannot be satisfied.
Can a California Limited Libility Company be forced to pay a judgment?
Can a California Limited Liability Company be forced to pay a judgment
What if you Judgment proof they go into your bank account?
if i am judgement proof do i half to pay the ir lawyer fees
After hearing today's judgment in California I would like to know can Johannes Mehserle if sent to jail and when he gets out can he become a cop again?
No, he could not.
Would a person who has no assets and whose only income is from Social Security Disability be considered judgment proof?
It is very likely given the circumstances that the person would be "judgment proof". The legal term is actual execution proof, meaning that a creditor could sue and be awarded a judgment, but the judgment could not be enforced. The vast majority of person's who are sued are execution proof. However this does not stop creditors from filing a lawsuit in the expectation that the debtor will eventually have property that is not exempt and therefore can be attached.
Is a judgment from Florida court are enforceable in California?
Yes
In a lawsuit what does the term judgment proof mean?
The legal term is "execution proof" In essence it means the debtor has no property that is considered nonexempt under state laws. Each state has a proscribed set of exemptions that can be used whenever a person is sued or files bankruptcy. For the average consumer this usually renders them "judgment proof" meaning the debt even though a writ of judgment is granted cannot be collected. "Macky"
How long does the court in California have to process a proof of service for divorce?
The court in California takes a maximum of 120 days to process a proof of service for divorce.
If you are considered judgment proof will a judgment still stay on your credit report for 7 years and if the 7 years is up can they still collect?
Some judgments/liens are renewable quite literally forever. Being judgment proof does not mean you are relieved of the debt. It is a term used to designate the debtor has no assets at the time of the judgment which could be seized. If sometime later the debtor becomes employed, receives an inheritance, etc. the creditor can enforce the collection of the judgment. How long it stays on the CR will depend on what type of judgment.
Is a low income family judgment proof that receives food stamps and medical assistance for their three children?
First of all, I should make one thing clear: being "judgment-proof" is not a legal defense to liability.You can't go into court and say "I'm judgment-proof, therefore the lawsuit should be dismissed." Whether or not you can actually satisfy a judgment has no bearing on your liability, and the court's ability to impose the judgment. And if you are found liable, that judgment can follow you around for the rest of your life, or until you pay it, creating problems at every turn.The term "judgment-proof" simply refers to a practical consideration faced by all plaintiffs: given the financial situation of the defendant, how easy or difficult will it be to actually collect the judgment? A plaintiff might decide that, even if they win, the defendant has so few assets that collecting the judgment could take more time or effort than it's worth.If you're employed, and lose this lawsuit, the plaintiff may be able to garnish a percentage of your wages until the judgment is satisfied. There are many other procedures through which a judgment can be enforced, as well.
