22:31
yeah there are so many good cuisines in ithaca
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Warning
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LSDefine
Simple English definitions for legal terms
judgment debtor
Read a random definition: Law Enforcement Information Network
A quick definition of judgment debtor:
A judgment debtor is someone who has been ordered by a court to pay a certain amount of money, but has not yet paid it. This person owes money to the judgment creditor, who is the person or entity that won the court case.
A more thorough explanation:
Definition: A judgment debtor is a person who owes a sum of money as a result of a court judgment that has not been paid or executed. This means that the court has ordered the debtor to pay a certain amount of money to the creditor, but the debtor has not yet paid it.
Example: John was sued by his landlord for unpaid rent. The court ruled in favor of the landlord and ordered John to pay $5,000 in damages. However, John did not have the money to pay the damages, so he became a judgment debtor.
Another example: Sarah was involved in a car accident and was found to be at fault. The court ordered her to pay $10,000 in damages to the other driver. However, Sarah did not have the money to pay the damages, so she became a judgment debtor.
These examples illustrate how a person can become a judgment debtor when they owe money as a result of a court judgment that has not been paid or executed. It is important for judgment debtors to take the necessary steps to pay off their debts, as failure to do so can result in legal consequences such as wage garnishment or property seizure.