When you take the trouble and expense to file a lawsuit, you hope to be paid after you obtain a judgment in your favor. However, the individual or entity against whom you obtained a judgment may have ...
What happens when you sue someone who is judgment proof? One solution may be to ask the trial court to amend the judgment to add additional judgment debtors. Now, it may seem unusual to be able to add ...
Consider the following hypothetical: Creditor has a claim against Debtor. After the claim arose, Debtor went to Attorney, who then engaged in planning to move the Debtor's assets into trusts and LLCs, ...
How long can a creditor collect on a money judgement against a debtor in Illinois? By money judgment, we mean that a creditor sued the debtor in court and won ...
In a Dec. 22, 2022, column, "Law Firms Are Not Just 'Any Person,'" the authors discuss a ruling made in Astraea N.Y. City v. Rivada Networks, 592 F. Supp. 3d 181 (S.D.N.Y. March 22, 2022), where the ...
LAKE CHARLES, La. (KPLC) - Legal Corner answers viewers’ civil legal questions. QUESTION: The Court entered a judgment ordering the other party to pay me money. When will I get paid and how long is my ...
My father is 91 years old and has no assets of any kind other than some furniture and clothing. My mother is 88, blind, and in an advanced state of dementia. They live on Social Security and a small ...
You have worked real hard, tried a brilliant case and obtained a substantial judgment against an individual defendant whose significant net worth is concentrated in his membership interests in limited ...
A bank levy involves taxing UK banks for economic risks and enabling creditors to freeze accounts to reclaim debts, balancing ...
A lot of folks in California, including probably a majority of professional legal and financial advisors, seem to think that Individual Retirement Accounts (IRAs) are either completely or partially ...
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