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 ...
A confession of judgment is a signed agreement that serves as proof of an accepted liability and the amount of damages agreed ...
A judgment creditor sought to domesticate and enforce foreign judgment in Florida. The judgment debtor challenged enforcement on the grounds that Florida lacked personal jurisdiction over the judgment ...
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, ...
If you are hit with a judgment for debt, there is a chance that none of your wages or belongings are eligible to be seized -- but that does not mean you can sit back and do nothing. People with modest ...
If a debtor has failed to repay a loan, or settle a balance due, a business has the option of filing a lawsuit in civil court. If you win the case, the court will issue a judgment against the debtor, ...
If a Debtor is cooperative and acts in good faith, the Debtor's assets are marshaled for the benefit of creditors, and the Debtor gets a discharge. But if the Debtor is not cooperative or has not ...
Although body attachments are identified with the Dickensian concept of debtors’ prisons, the process to obtain them is still legal. In Maryland, creditors can use the body attachment process to ...
A federal high court in Ikoyi, Lagos, has restrained the directors of Shoprite from selling the company’s shares or assets until the satisfaction of the judgment debt.
The Texas Legislature enacted Texas Property Code §52.0012 in an attempt to streamline the process for releasing a judgment lien on homestead property through the filing of a homeowner’s affidavit.