Judgment creditor

Judgment creditor – this is a term of the Insolvency Law where it describes the legal figure of a creditor, who has obtained a court decision in their favor to confirm the due of the debt. The figure of the judgment creditor remains until the debt has been paid back to them. Also this term has been used in some jurisdictions to describe the legal figure of a creditor who has secured their debt with a mortgage or a pledge established on the assets of the debtor in their favor.

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