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The terminology that is generally used is "judgment proof" or "execution proof". Basically it means that the debtor has not property which can be seized by creditors for repayment of debt. Or possibly the debtor resides in a state which does not allow such action to be taken; for example wage garnishment for creditor debt is not allowed in Texas, Pennsylvania, North Carolina or South Carolina.
What else can I help you with?
How do you domesticate a Florida default Judgment in New York?
You need to file a new lawsuit in New York, and simultaneously move for summary judgment.
What are the release dates for Rush to Judgment - 1967?
Rush to Judgment - 1967 was released on: USA: 2 June 1967 (New York City, New York)
Is the interest on New York City municipal bonds exempt from all the possible income taxes for a New York City resident?
Yes. For a NYC resident, municipal bond interest is exempt from all three possible income taxes.
What items New York imported from other countries?
the other items imported from other countries in new york were pizzas and pop.
How long does a restraining notice last for in New York?
It expires after one year. It can be renewed every year until the judgment expires. In New York, a judgment can be renewed twice (a total of 20 years).
What assets can be seized by a judgment in New York State?
In New York State, a judgment creditor can seize various assets to satisfy a judgment, including bank accounts, wages through wage garnishment, real estate, and personal property such as vehicles or valuable items. Certain exemptions apply, protecting specific assets like a primary residence, necessary household items, and a portion of wages. Additionally, the creditor may place a lien on the debtor's property, which can impact future sales or refinancing. The process typically requires a court order and adherence to legal procedures.
What were trade items in colonial New York?
no
What water veichles are exempt from being tilted in New York?
In New York, certain watercraft are exempt from tilt requirements, including canoes, kayaks, and other non-motorized vessels that are 14 feet or less in length. Additionally, boats that are used exclusively for fishing and are registered as such may also be exempt. It's important for boaters to check specific regulations and any updates from the New York State Office of Parks, Recreation and Historic Preservation for detailed compliance requirements.
What items are available at the City Cafe in New York?
A variety of pizzas are available City Cafe in New York. Also, items such as soups, wraps, sandwiches, desserts, rolls and beverages are sold at the City Cafe in New York.
How do you garnish wages in New York?
File suit against the debtor in the appropriate state court in the county where the debtor resides. If the plaintiff wins a judgment they can execute the judgment as a wage garnishment against the debtor. New York allows a maximum of 25% garnishment of disposable income by a judgment creditor.
How long does an unpaid judgment stay on a credit report in new york?
5 years
Do you need workmen's compensation if you are the only employee and self-employed in New York?
In New York, businesses owned by one individual with no employees, no unpaid volunteers or subcontractors, and is not a corporation are exempt from workman's compensation. You are also exempt from workmen's compensation if you are self-employed and own all of the stock of the company, with no additional employees.
