Yes, but only if it pertains to creditor judgments. Such benefits are not exempt from attachment when it relates to child support (and arrearages) tax liabilities, and in some situations personal injury liability judgments. FYI, to have exempted benefits fully protected never commingle them in an bank account that holds other monies.
Social Security Disability and Social Security is judgment proof from debtors in all states.
In the state of Georgia, annuities are generally protected from creditors and are considered to be judgment proof if they meet certain criteria set by state law. This protection applies to qualified annuities, which are typically purchased through retirement accounts such as IRAs or 401(k) plans. Non-qualified annuities may have limited protection under certain circumstances. It is advisable to consult with a legal professional for specific advice on protecting assets from creditors in Georgia.
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.
Yes, judgment proof is legal in Kentucky. Judgment proof refers to a situation where a defendant does not have sufficient income or assets to fulfill a court-ordered judgment. In such cases, the court is unable to enforce collection of the judgment against the defendant.
if i am judgement proof do i half to pay the ir lawyer fees
beats me
Take all written proof (paystubs, etc.) to the Child Support Services agency collecting the payments, or to the court where the judgment for child support was made.
A landlord is generally permitted to require proof of disability and proof of the dog's training. Your doctor's should specify that you are disabled and that the service animal is necessary because of your disability. Your training program can provide any proof of training you might need.
You need proof of: age (either under 18 or over 65) OR proof of disability (as defined by Social Security - receipt of Social Security disability and/or SSI meets this requirement); residence; income and assets; citizenship.
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.
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"
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.