Sentences with phrase «uncollectible judgment»

Not exact matches

If the lender hasn't been to court and won a judgment by the end of the limitation period, the debt becomes legally uncollectible.

-- If a money judgment is entered against you but you can not pay and have no nonexempt assets, you may be uncollectible.

Of especial interest is the judgment's treatment of a solicitor's liability, where the underlying action the solicitor was prosecuting became uncollectible, allegedly because of the solicitor's delay in prosecuting the action, during which time the defendant became insolvent.

If one liable party is uncollectible, the court will, on a motion made within a year of judgment, reallocate his / her share to other parties.

I have sucessfully written off a judgment before as uncollectible debt, do I need a judgment in this case?