If debt collectors can sue but can't collect, you may have more leverage than you think. Here's how to tell.

Consider the following hypothetical: Creditor has a claim against Debtor. After the claim arose, Debtor went to Attorney, who then engaged in planning to move the Debtor's assets into trusts and LLCs, ...

When you’re suing a client who owes your company money, the judgment that the court issues might seem final and binding. In reality, however, that both is and isn’t the case. A judgment debtor must ...

You have worked real hard, tried a brilliant case and obtained a substantial judgment against an individual defendant whose significant net worth is concentrated in his membership interests in limited ...

A lot of folks in California, including probably a majority of professional legal and financial advisors, seem to think that Individual Retirement Accounts (IRAs) are either completely or partially ...

Debt collectors have more tools than you'd expect, but there's a clear line around what they can and can't do.

If a debtor has failed to repay a loan, or settle a balance due, a business has the option of filing a lawsuit in civil court. If you win the case, the court will issue a judgment against the debtor, ...

Although body attachments are identified with the Dickensian concept of debtors’ prisons, the process to obtain them is still legal. In Maryland, creditors can use the body attachment process to ...

My father is 91 years old and has no assets of any kind other than some furniture and clothing. My mother is 88, blind, and in an advanced state of dementia. They live on Social Security and a small ...

In their International Litigation column, Lawrence W. Newman and David Zaslowsky write that when a judgment debtor is foreign and has no ongoing business operations and no visible assets, the usual ...