judgment debt


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Related to judgment debt: judgment creditor

judgment debt

n. the amount of money in a judgment award to the winning party, which is owed to the winner by the losing party. (See: judgment, judgment creditor, judgment creditor)

References in periodicals archive ?
At this time, Bostwick & Associates filed an adversary bankruptcy proceeding in order to get a judgment from the court on whether or not they should be able to collect some of the judgment debt from the funds in Thomas' plan.
There were shares which could be sold to pay off some of the judgment debt, but the value of the shares had significantly reduced leaving somewhat of a deficit owing to the creditors.
non-insurance) RRSPs appear to be available to creditors as a means to satisfy a judgment debt.
He said: "Should the families be successful in their civil action and obtain an award of damages, they can then seek satisfaction of that judgment debt.
There is neither statutory nor constitutional justification for the release of the 150 million dollars now in escrow to pay the judgment debt of the Marcos estate," the Sandiganbayan ruled in its 32-page resolution.
ONE of the ways that a judgment debt can be collected is through a writ of sale of the immovable property registered in the name of the debtor.
As a means to secure the judgment debt the Execution Court has the power to impose certain measures.
In order to enforce this they could attempt to seize your goods, or apply to the court for an order charging your property with the judgment debt.
We are very disappointed that Mr Sivasankaran and Siva Limited have failed to date to make payment to BMIC of the judgment debt.
Batelco Group has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan Sivasankaran and Siva Limited following successful litigation in England.
It had also been under pressure after a judgment debt was obtained by the trustee in bankruptcy of a former director, now deceased.