If an out of state judgement from a pretrial settlement conference that my attorney attended is transferred to Pennsylvania but I have no assets, money and just sold the few assets I had which will help payback a line of credit to the bank (guaranteed).
Is the judgement worthless?
How would an Illinois company collect on a judgment in Pennsylvania?
How long does this process usually take?
If a company has no physical assets, bank account left, etc, what good is the judgment?
What could they do if I do not dissolve but no longer do business?
Does it mean anything that I did not sign anything, receive a release, and some of the settlement (court order) was not what I agreed with with my attorney?
Is the judgement worthless?
How would an Illinois company collect on a judgment in Pennsylvania?
How long does this process usually take?
If a company has no physical assets, bank account left, etc, what good is the judgment?
What could they do if I do not dissolve but no longer do business?
Does it mean anything that I did not sign anything, receive a release, and some of the settlement (court order) was not what I agreed with with my attorney?
Collection Lawsuits: Would a Judgement Against My Company Be Worthless
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