Saturday, July 26, 2014

Are corporations protected against personal injury suits? I have a judgement for 75000 and they have not replied about asset or anything els...

Question

Are corporations protected against personal injury suits? I have a judgement for 75000 and they have not replied about asset or anything else. They should not get away with negligence that caused injury.



Answer

Corporations are created to protect its ownerss from personal liability (with some excxeptions). If you have a judgment and the corp is still in business then you can collect your judgment (assuming it has assets left). If they had insurance then they would cover it. If not, then you can only collect through any existing assets (assuming the company still exists and has assets). You would need to contact the sheriff or marshall to start those proceedings. For an absolutely FREE consultation please call me at 347 702 4133 or email me at [email protected]/* */



Answer

No. Are they still in business or have they dissolved? Do they have assets? I do collection of judgment law in NY and Fla.



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