judgment creditor


Also found in: Legal.

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.

References in periodicals archive ?
at *29 ("Although CPLR 5222(a) permits an attorney for the judgment creditor to issue a restraining notice without the court's involvement, it is legal process nonetheless.
Under both Florida partnership statutes, the relevant statutes expressly provide that the charging order is the "exclusive remedy" by which a judgment creditor of a partner or transferee may satisfy a judgment out of the judgment debtor's transferable interest in the partnership or limited partnership.
to the sheriff for sale or to pay a debt to the judgment creditor.
This article identifies and discusses the various divisions in the case law with respect to three of the statute's primary procedural and constitutional infirmities: 1) the inconsistencies and omissions in the statute regarding the proper procedure for bringing claims against impleaded defendants, which makes prosecuting or defending against such claims an exercise in guesswork and frustration; 2) the imperfectly defined statutory "examination" procedure, and its failure to afford basic procedural protections --including, among others, the right to a jury trial--to impleaded defendants; and 3) the undefined scope of judgment creditor remedies under the statute.
To this end, three other provinces--Newfoundland and Labrador, (10) Alberta (11) and Saskatchewa--(12) have already enacted legislation consolidating judgment creditor remedies and modernizing their respective judgment enforcement laws.
A creditor or judgment creditor is owed at least [pounds sterling]750.
A creditor or judgment creditor of a member is entitled to a "charging order" against the interest, but no more, by statute in many states.
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.
First, where a judgment creditor appeals the sufficiency of an award, a judgment debtor may opt to toll the running of interest at any time by rendering unconditional payment in full.
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 .