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Judgment Proof |
Also found in: Wikipedia | 0.01 sec. |
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A term used to describe an individual who is financially unable to pay an adverse court decision awarding a sum of money to the opposing party. A judgment-proof individual has no money or property within the jurisdiction of the court to satisfy the judgment or is protected by wage laws that exempt salaries and property from formal judicial process. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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