Judgment debt


Also found in: Legal.
Related to Judgment debt: judgment creditor
(Law) a debt secured to the creditor by a judge's order.

See also: Judgment

References in periodicals archive ?
A I presume the new debt is in connection with a court order charging (ie mortgaging) the property with the amount your husband owes, in other words a judgment debt.
Preferred accounts include: bankruptcy, auto loan debt, credit card debt, judgment debt, and small business debt.
The bankruptcy application was made by private bankers Arbuthnot Latham & Co in connection with a judgment debt owed them by Becker dating as far back as 2015.
The Defendant failed to comply and the Court presided by Justice Rashid Al Badr directed the Qatar Central Bank to freeze accounts held in Qatar by the Defendant up to the value of the judgment debt.
The court also made reference to the provisions of the Civil Procedure Law protecting the right of a creditor to proceed with an application aiming to search the debtor's financial position or any assets concealed resulting in the creditor being prevented from recovering the judgment debt.
The Claimant argued that there was no prospect of recovering the judgment debt as the Defendant's offices/business units were closed and no further assets could be traced.
17million judgment debt he asked: "What do you mean by crime?
Under the judgment, Mr Qurashi has been ordered to pay AED11 million ($3 million) and Nakheel has obtained an attachment to recover the judgment debt," the statement read.
The defendants were ordered to pay the judgment debt of $212 million by June 26, 2014, but Mr.
Batelco Group, the Bahrain-based international telecommunications group with operations across 14 countries, has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan Sivasankaran and Siva Limited (the defendants) following successful litigation in England.
The Question: Does the anti-alienation provision of the Employee Retirement Income Security Act (ERISA) apply even in cases where the participant owes a judgment debt to his employer?
In other words, Mahama may be seeking to circumvent the true import of the judgment debt imbroglio, in the same way that his Attorney-General's office, has been pussyfooting over whom--and how--to prosecute those who appear to have conspired to benefit from judgement debts illegally.