eli5 how does paying out sue money work?

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Theoretically you are sued for any amount of money that is more than you have in your bank account and other assets and the person who is suing you wins? How do they get that money? Like say you are worth $20,000 and they sue for $100,000 and win

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Anonymous 0 Comments

Lawyers will generally first figure out how much the defendant can pay.

If it won’t make them enough money then they’ll pass on your case–they’re lying when they say they care about you and want to make you whole. If they did want to make you whole, they’d pass on their 30+% contingency fee.

They will then see how much insurance and assets the people they are going to sue have. They do not want to sue for much more than someone can pay because then the person will just declare bankruptcy and the lawyer won’t get their money.

In short, the best defense against being sued is to not have any assets, and lawyers are parasites on society.

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