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judgment debtor |
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judgment debtor One who has had a judgment rendered against him or her. 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 something similar. 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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Creditor's assets are domestic - Domesticating a foreign judgment is also an option for a judgment creditor who just recently learned that a judgment debtor from California has assets in Texas that can be collected. Where a business is the judgment debtor, you can often collect by ordering the sheriff or marshal to take the amount of the judgment right out of the debtor''s cash register (this is called a "till tap"). a court order to a sheriff to enforce a judgment by levying on real or personal property of a judgment debtor to obtain funds to satisfy (pay the winning plaintiff) the judgment amount. |
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