follow CBOEtrader following
follow CBOEtrader 2018 Dec 1, 2:27pm
1,789 views 12 comments
Summary judgment usually means the defendant did not put up much of a fight
It also may mean that they intend to declare bankruptcy
It is impossible to determine what should be asked without knowing the defendant's solvency or ability/willingness to pay without appeals, bankruptcy, or further legal proceedings. I would surmise that that would be in the lower ranges of the amounts you are dealing with.
A judgement that results in bankruptcy against an insolvent payer just winds up in another court, with likelihood that the judgement itself could be nearly worthless, competing with other debt claims etc. no matter what the face value, so going for a nominal high face value on the judgment could be meaningless.
Well gents for those of you who read my court case update a while back... we won. Summary judgement awarded in our favor.
all the other ones who wouldn't cross to street to piss on you if you were on fire becoming your new best friends
The company acknowledges $40 thousand that they disnt pay me on my way out the door, and claim no responsibility for the individual's actions. They want me to accept $100k
You first find out how much they really have. Let them keep 10% to 20% of what they have, and take the rest.For the excellent advise you received from Patnetters, I recommend you share 20% of the proceeds with us.
Ceffer saysall the other ones who wouldn't cross to street to piss on you if you were on fire becoming your new best friendsHey CBOEtrader, it's me ur best friend
7 years of legal games capped off by massive evidence spoliation. Judge had enough of it