abstract:The term judgment proof is most commonly used in tort and contract law contexts to refer to defendants or potential defendants who are financially insolvent. Even if a plaintiff were to secure a legal judgment against an insolvent defendant, the defendant's lack of funds would make the satisfaction of that judgment difficult, if not impossible, to secure.
We recognize that the Senate has chosen in the Claiborne proceedings and elsewhere not to impose its -- on itself any single standard of proof, but rather to leave that judgment to the conscience of the individual senator.
Back in Florida, the Husband then filed for Chapter 11 bankruptcy, and the Wife timely filed her Proof of Claim to which she attached the Florida judgment and the Colorado charging orders.