Financial

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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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If the judgment debtor approves the execution, the execution shall be recorded in the execution register as per Article 48 of the Execution Law.
Execution proceeding has been brought under the purview of case management and scheduling conference and it is pertinent to mention that for the purpose of compelling the judgment debtor for execution of decree include blockage of computerized national Identity card.
Waukesha, WI, October 03, 2017 --(PR.com)-- A lot of hard work has been applied into obtaining a judgment, but the judgment debtor will not voluntarily pay off the balance.
(identify the property, debt, or other obligation due to the judgment debtor) ...
(20) However, under early common law, writs of execution did not afford creditors the right to reach a judgment debtor's equitable interests or intangible assets, such as choses in action or interests in stock or debt.
the United States by the judgment debtor. Such "maritime"
It is true that there are Supreme Court pronouncements that held that the husband of the judgment debtor cannot be deemed a 'stranger' to the case prosecuted and adjudged against his wife for an obligation that has redounded to the benefit of the conjugal partnership.
The obvious, most efficient ways to collect on a money judgment are to garnish the judgment debtor's bank account or negotiate a voluntary payment by the judgment debtor.
Contrary to the corporation in Evans, a judgment creditor with a charging order only has the right to distributions that would have been paid to the judgment debtor. Therefore, the creditor does not inherit the income tax liability on the distributive share of the LLC's profits.
They cover obtaining a judgement, writs of attachment and their foreign equivalents, amending the judgement, enforcing judgments in the US, judgment debtor examinations, asset investigations and ethical challenges, enforcing US judgement outside the US, and the New World case.
"In Naranjo--the appeal from the preliminary injunction--we vacated the injunction on the ground that the Recognition Act, while allowing certain defenses against an attempt to enforce a foreign judgment, did not authorize a judgment debtor to attack a foreign judgment affirmatively:
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