Judgment Proof
Legal Definition and Related Resources of Judgment Proof
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Judgment Proof
A colloquial expression. A person who has no assets is said to be judgment proof because no court process can be effectively used against him to collect a debt from him.
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Judgment Proof in Historical Law
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Legal Abbreviations and Acronyms
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Related Legal Terms
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Concept of Judgment Proof in the context of Real Property
A short definition of Judgment Proof: One against whom a judgment creditor cannot collect (no assets). If one can show he was defrauded by a "judgment proof" real estate licensee, he may recover from the state fund in states having such a fund.
Concept of Judgment Proof in the context of Real Property
A short definition of Judgment Proof: One against whom a judgment creditor cannot collect (no assets). If one can show he was defrauded by a "judgment proof" real estate licensee, he may recover from the state fund in states having such a fund.