Dictionary of Business Terms: judgment proof
judgment proof
people from whom a creditor cannot collect money, even when there is a court order stating there is a debt. Such people may be insolvent or their wages or assets protected by state law.
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and cutting-edge guides and resources. Covering a wide range of topics, from starting a business, fundraising, sales and marketing, and leadership, to emerging AI
technologies and industry trends, AllBusiness.com empowers professionals with the knowledge they need to succeed.