Judgment Proof

The video explains the concept of being judgment proof, where a defendant cannot satisfy a legal judgment due to lack of resources or protected assets. It discusses the implications for plaintiffs seeking redress and the reasons why a defendant might be judgment proof, including legal protections. The video concludes by summarizing how this concept applies to civil legal actions.

What is the primary goal of a plaintiff in a civil legal action?

• To punish the defendant

• To seek redress and restore lost value

• To imprison the defendant

• To avoid legal costs

What does it mean for a defendant to be judgment proof?

• They cannot satisfy the judgment due to lack of resources

• They have been acquitted of all charges

• They have the resources to pay the judgment

• They have been found guilty in a criminal case

Why is there no debtors' prison in modern US legal society?

• Because all debts are forgiven

• Because it is illegal to imprison someone for debt

• Because debts are paid by the government

• Because everyone can pay their debts

What might protect a defendant's assets from being used to satisfy a judgment?

• Their assets are protected by state or federal law

• They have no assets

• Their assets are in a foreign country

• Their assets are hidden

What is a rare or incidental reason someone might be judgment proof?

• They have a large income

• They have procedural protections from legal repercussions

• They have multiple judgments against them

• They have no legal representation