0
The government taxes you on everything!
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How do you find money of your moms from lawsuit won but she died before she can cash the check?
ask her before
Can you be taxed for a mental trauma suit won?
NO... Any money(s) won by mental anguish are non taxable ... under the mantel heath law ...
When a collection agency files a lawsuit and you reach a settlement with prejudice what does that mean?
When a lawsuit reaches a settlement with prejudice it means that the case is won. A person may still have to pay money or relinquish claims to a debt collector.
If a person wins money in a personal injury lawsuit can that money be taken from them by means of a personal injury lawsuit against them?
Yes. The money the person won now is just another asset. If he has his own legal liabilty, then he must pay it from his assets. I don't know that the source of the money would shield it.AnswerThat's correct. The fact that you obtained the money through a lawsuit will not shield it from creditors or judgments. The only thing it is exempt from is taxes. Well, and the lawyers cut.
What does a judgment on your credit report mean?
If someone sued you and won a money judgment against you, it would show up on a credit report if you failed to pay the amount, and a collection agency was engaged to collect it, but failed to obtain payment from you. When a person wins a money judgment in a lawsuit, the court order will state the amount due to that person (the plaintiff) from the defendant who lost the lawsuit. Amounts ordered by a court can, alternatively, be collected by the County Sheriff's Department, on behalf of the person who won the lawsuit. Collections processed by the County are typically done via wage garnishment of the person who owes the money.
Who won hamilton somerville's estate?
His daughters won the civil lawsuit on Sept 11, 2010.
where can i get a cash advance i won on my lawsuit?
You can get them from your lawyer who helped you in the case
What does it mean to have a lawsuit cash advance?
If you are the winner of a lawsuit,but have to wait for payment,there are services that will issue you an advance against the amount you have won.
What term describes any kind of money a creditor must accept by law for payment of a monetary debt?
A judgment is a court order issued by the court stating that the creditor has won the lawsuit and is entitled to a certain amount of money.
Has anyone won a good samaritan lawsuit?
Have you heard about the women in California???
You just won a 2009 CTS cadillac how much will you be taxed?
It will base on your in com,and the price of the Cts you won , so who know?
What is judgment in a lawsuit mean?
The judgement is the final decision - who won, who lost, and what the damages are.
