a person knew someone who had a judgement against them for three million dollars? The person with the judgement is wealthy and lives protected in an ivory tower somewhere with his money out of the country. Do you think parties unknown might send cowboys to harass friends of this person even though they are not rich and had no connection with what happened? Is this likely?
2006-07-28 05:18:54 · 3 answers · asked by solisue 2 in Politics & Government ➔ Law & Ethics
The case was tried in New York. It was lost and taken to a higher court where it was lost again. It was case involving a rent controlled building with old lead paint. A little Puerto Rican boy unfortunately died of lead poisoning. I have reason to believe this 'friend' divorced his wife. She might own now own all their assets including the house. The money might be overseas.
Under Florida law a person's home is their homestead and cannot be taken away via a law suit.
They have their own rich friends.
2006-07-28 06:41:57 · update #1
Sometime a person's only protection is to go public. So here it is Yahoo.
2006-07-28 07:48:15 · update #2
The courts do not collect on a judgment. The court awards the judgment and then the prevailing party must try to collect on it. The judgment should be filed with the county clerk's office and then it can be given to the sheriff (or marshall, depending on jurisdiction) for them to execute on the judgment. Note, however, that it is up to you to locate assets, such as real property, bank accounts, or personal property.
Once a judgment is filed, it stays on the record for ten years, and can be renewed for another ten years. This is beneficial if the debtor ever seeks to get credit or buy or sell property.
If title to assets were transferred in order to protect them from a judgment, it may be possible to still go after the assets by a court action if you can show that the transfer was fraudulent (done with the purpose of evading a creditor). Not particularly easy to do.
Good Luck
2006-07-28 12:57:39 · answer #1 · answered by Steve Wood 3 · 0⤊ 0⤋
To explain further even if his money is in another country if he owns any property, houses, furniture, cars etc. can be seized and sold if a "Writ of Execution" is file. The Sheriffs Office goes to the persons house, seizes the property, sells it and the money minus the cost of the Execution is turned over to the Plaintiff.
2006-07-28 05:45:42 · answer #2 · answered by Jan G 6 · 0⤊ 0⤋
They would seize any assets he may have in this country and the "SHERIFF"S SALE"
2006-07-28 05:22:54 · answer #3 · answered by ranger12 4 · 0⤊ 0⤋