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judgment creditor |
Also found in: Legal | 0.01 sec. |
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judgment creditor One who has obtained a judgment against another. The original claim did not have to arise out of a debt—it could have been an automobile accident,a promissory note,an award in a divorce case,or anything at all. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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A judgment creditor must generally obtain a "charging order" from a court to give the creditor the right to any distributions that would otherwise be made to a limited partnership (LP) interest holder. If you obtain a judgment, you become a judgment creditor with certain rights to collect on that judgment. It provides funds for a judgment creditor or an attorney . |
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