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 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 ...

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 ...

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, ...

In their International Litigation column, Lawrence W. Newman and David Zaslowsky write that when a judgment debtor is foreign and has no ongoing business operations and no visible assets, the usual ...

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, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A confession of judgment is a signed agreement that serves as proof of an accepted liability and the amount of damages agreed ...

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 ...

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 ...