"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.
uhm, no?
Kentucky has no emancipation laws. You are considered an adult at age 18.
18
The age of majority in Kentucky, like many other states, is eighteen years old.
18, but with parental consent you can get it at any age.
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.
there ain't no law bout bullet proof vests in Kentucky!
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"
Yes. Salvia is currently legal in Kentucky.
Yes, it is legal to keep rays in Kentucky
Social Security Disability and Social Security is judgment proof from debtors in all states.
They are completely unrestricted in kentucky.
You can live on a houseboat in Kentucky.
Yes, they are legal.
The duration of Snap Judgment - legal comedy show - is 1800.0 seconds.
The legal age to drink alcohol in the state of Kentucky is 21.
kentucky