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

Generally a lawyer will advise against suing someone who doesn’t have any assets to pay a judgment. That’s why, for example, if a FedEx driver hits someone they sue FedEx and the driver. FedEx has deep pockets to pay off a settlement or judgment.

In some cases if the person doesn’t have the full amount payment plans get worked out.

It’s often much more difficult to collect a judgment than it is to win one. Depending on the state certain assets like homes are protected so you could have a judgement against someone who doesn’t have the money to pay but lives in a multi-million dollar home.

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