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And that person being sued only has $100 in his name in savings and assets, what happens if the judgement is for the plaintiff?

2007-07-13 15:00:44 · 1 answers · asked by 6th Finger 2 in Politics & Government Law & Ethics

1 answers

Generally, if the defendant doesn't have the money, they file for bankruptcy. Just ask OJ Simpson and Rev. Al Sharpton. Both lost multimillion dollar suits and paid little or no money.

People without assets in their own names are call 'judgment proof'.

2007-07-14 07:26:18 · answer #1 · answered by SPLATT 7 · 0 0

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