- TalkBack 12 of 14:
- Next »
- « Previous
- Thread View
- Flat View
- Collecting answer
-
a winner of a legal judgment can legally seize assets from the loser if the loser doesn't pay voluntarily at first. assuming the winner knows how to do so, or hires a 3rd party judgment collection firm to do so on his behalf. as most of you realize, just because you win a court judgment does NOT mean you'll collect.
depending on the state of the loser, declaring banko may shield some assets from seizure.
but as others have already commented, this process won't stop the loser from reopening elsewhere under a different company name.
and as far as i know, throwing someone in debtors prison went out with charles dickens.
now, if the loser can be found guilty of some criminal act that includes jailtime....
--barry
http://www.WeirdFinance.com
http://www.WINDnotOIL.com - Posted by: sjmug@... Posted on: 12/20/04 You are currently: a Guest | Members login | Terms of Use
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
What do you think?
SponsoredWhite Papers, Webcasts, and Downloads
- The True Costs of Virtual Server Solutions VMware In an economic environment that is repeatedly heralding the message "do ... Download Now
- Virtualization: Architectural Considerations And Other Evaluation Criteria VMware Of the many approaches to x86 systems virtualization available in the ... Download Now
- Why Isn't Server Virtualization Saving Us More? A Few Small Changes May Dramatically Increase Your Efficiency VMware Companies have rapidly adopted server virtualization over the past few ... Download Now
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
- Achieving Cost and Resource Savings with Unified Communications
-
Find out how to maximize your communications investments with Unified Communications.

- Click to download >>
- New Online Dashboard for IT Leaders
-
Read about top issues IT decision-makers face every day, plus get cost-effective solutions to real-life IT problems.
- Learn more >>
- The best support in the Linux business
-
If Linux is going to power your mission-critical applications, you'd better have the best support known to business. Novell was rated the top provider of Linux technical support.

- Learn more >>
- Keep Up With The Latest In Document Management with The DocuMentor.
-
Doc delivers the scoop on today's enterprise content management, printer maintenance, and all other issues related to document management. It's the DocuMentor Blog.
- Learn more >>
- Learn more about tools to grow your business
-
The Business Essentials Guide provides you useful tools and templates to help grow your business and save you time with automated shipping solutions.
- Save time with the UPS Business Essentials Guide
- Microsoft Dynamics CRM Online - Free Six-Month Trial for Eligible Organizations
-
Microsoft Dynamics CRM Online provides fast online access, simple contact management and better sales performance for a low monthly cost - the best value on the market today.

- Learn more about the free, six-month trial offer >>
-
-
Smart Tech
Expert advice on innovations in healthcare and the green technologies that make it happen.
Find out more
-
Smart Business
Discussion and advice on management issues that revolve around making your world smarter and more useful.
More Smart Advice
-
Smart People
The best and worst moves in the management and strategy trenches.
Learn More





