I would like to get some clarity on a situation regarding a sizeable amount of money owed by one individual to another.
A court order is about to issue to A to pay B. If this is not complied with them my understanding is that a judgment can be requested from the court which effectively means that specific assets of A's will have to be sold to meet the liability to B.
My question really is what is the main implication to a person on whom a judgment has been assessed? What restriction if any does it impose?
A court order is about to issue to A to pay B. If this is not complied with them my understanding is that a judgment can be requested from the court which effectively means that specific assets of A's will have to be sold to meet the liability to B.
My question really is what is the main implication to a person on whom a judgment has been assessed? What restriction if any does it impose?