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Q: What does it mean that the vast majority of lawsuit judgments are uncollectable?
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What does in the process of filing a lawsuit mean?

It means that the actions necessary to file a lawsuit have been started, but the lawsuit has not been filed as of yet.


If your bank account says EFT Charged Off does this mean that the account is closed?

If an account is charged off it is automatically closed. It is listed as uncollectable debt.


What does party to a lawsuit mean?

When someone is referred to as a party to a lawsuit it means they are a litigant, either plaintiff or defendant.


What phoiba mean fear of lawsuit?

Liticaphobia


Will judgments against you affect your tax returns?

No, they don't effect your tax calculation if that's what you mean. Depending on who has the judgments, tax refunds may be able to be taken.


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 does proceeding mean?

(law) the institution of a sequence of steps by which legal judgments are invoked


What does plain tiff mean?

Plaintiff is the party who starts a lawsuit.


What does it mean to commence a lawsuit?

To commence a lawsuit means to start a given legal proceeding. A lawsuit refers to a very detailed term for a given court proceeding whereby a given individual seeks a legal remedy.


What is judgment in a lawsuit mean?

The judgement is the final decision - who won, who lost, and what the damages are.


What does subject to the lawsuit mean?

subject to meansbeing dependent or conditional upon something


What sorts of judgments go into the evaluation of benefits and the evaluation of risks?

Critical and objective judgments go into the evaluation of benefits and the evaluation of risks. Just because employees want the benefits does not mean the company should purchase them.