answersLogoWhite

0

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.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Can your wages be garnished for medical?

Yes, if the creditor sues the debtor and receives a judgment award the judgment can in the majority of US states be executed as a wage garnishment.


Can your wages be garnished for medical debt?

Yes, if the creditor sues the debtor and receives a judgment award the judgment can in the majority of US states be executed as a wage garnishment.


Is Children's National Medical Center part of the government?

No, Children's National Medical Center is a nonprofit hospital located in Washington, D.C. While it receives research funding from the National Institutes of Health, it is a private nonprofit hospital.


When receiving medical assistance can creditors garnish my wages?

Yes, the law does not recognize the health or the economic status of the debtor defendant to be a deterrant to the collection of a judgment. The exception is protected benefits such as Social Security Diability, public assistance, WCI, etc.


Sample medical assistance request letter?

i want to have a sample of letter for requesting in medical assistance


What is the population of Canadian Medical Assistance Team?

Canadian Medical Assistance Team's population is 0.


Why do many children of southern Africa develop illnesses?

Many children of Southern Africa develop illnesses because they lack medical assistance and medication. This is because South Africa is known as an area of poverty, and they simply cannot afford the medical advancements that the US has.


What has the author Gary Morsch written?

Gary Morsch has written: 'Heart and soul' -- subject(s): American Medical assistance, Heart to Heart International, Medical Missionaries, Medical Missions, Medical assistance, American, Missionaries, Medical, Missions, Medical


Is there free medical care in Nigeria?

In certain parts of Nigeriayes for communities, you are able to get free medical assistance, for people travelling on holiday No I believe you are not entitled to free medical assistance.


What has the author Omayda Alonso written?

Omayda Alonso has written: 'Guatemala' -- subject(s): Cuban Medical assistance, Medical assistance, Cuban


What kind of medical assistance will a affected child with alzheimers need?

Children are not directly affected with Alzheimer's disease. It is a disease that primarily strikes those 65 and older.


What are the release dates for Medical Center - 1969 Judgment 4-17?

Medical Center - 1969 Judgment 4-17 was released on: USA: 10 January 1973