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Judgment Proof

   Also found in: Wikipedia 0.01 sec.

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.



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442, Offers of Demands for Judgment, safeguards have already been implemented, however so many cases involve litigants who are judgment proof and consequently have nothing to lose and only something to gain.
[8] But the appellant who does not post a bond runs the risk that at the time of reversal the appellee may no longer have the money and may be judgment proof.
The immediate cause is the deployment of legal structures that render potential defendants judgment proof.
 
 
 
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