Insolvency Without Proof?
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  1. #1
    Law Curious
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    Default Insolvency Without Proof?

    Hi! New here and I have a quick question. Does anybody know if a Defendant in a civil case can use a claim of insolvency in an attempt to reduce financial payout, without any documentation backing it up? It doesn't make sense to me that they can just say, "Oh well, we don't have any money, so your out of luck", and somehow I'm supposed to believe it. My thought is that if there truly is insolvency, filing bankruptcy would benefit them by putting the brakes on my suit. This has literally been going on for years and they have threatened to file, but haven't and just keep saying they have no money. Sounds like a game to me....anybody else think so? Thanks for any feedback!

  2. #2
    Legal Forum Partner
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    If the civil case was decided then they owe you money. You can go through the court system and they will put a lien on these people's paychecks so you will receive your money. Don't try to get it from them yourself. If the civil case has not been decided yet then they don't owe you any money and there still might be a judgement against them at a later time.

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