Judgment debtor

Judgment debtor – this legal term is used in Litigation procedures where refers to the figure of a debtor who has been sentenced with a court decision about the debt they own towards creditors – the party which has lost the lawsuit. Their assets then could be subject of a lien or an execution procedure by the local bailiff. It is advisable to consult with a practicing lawyer before entering a lawsuit against debtors – the lawyer can check their available immovable assets and advise you on the best applicable options – i.e. to save you headache and prevent to from throwing more good money after bad, if the debtor actually has no assets.

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