Judgment Proofing – What Does It Mean to be Judgment Proof?

First and foremost, before discussing what judgment proof means, what exactly is a judgment? A judgment is “A decision by a court or other tribunal that resolves a controversy and determines the rights and obligations of the parties”. In other words, a judgment is the final part of a court case which ends the lawsuit.  A judgment…


Judgment Proofing: What Does it Mean for You?

In today’s seemingly sue-happy society, one has to plan for asset protection. You work hard to save money, plan for retirement, and buy stocks, bonds, CDs, real estate, and vehicles. After all, isn’t having financial security considered part of the American dream? It can be scary to think that a resentful neighbor, or an unceasing creditor, can…


Judgment Proofing – How we can help you

What is judgment proofing? According to nolo.com: “When a creditor sues you and gets a money judgment against you, it has a variety of methods it can use to collect on that money judgment… However, if you don’t have any income or property that the creditor can legally go after, then you are what is often…