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Mr Posey will never see that money. At least he rightfully won the case.
I’m naïve. Where does the money go?
The person he sued has no money to give.
I'm not savvy with law, but I would've thought in cases like this the payment is worked out in instalments that need to be paid over a very long time?
He has the judgement against her, so he could try and garnish wages and such. But it's a pain in the ass to jump through the hoops.
I'm dealing with a similar situation. I'm owed about 30k in attorney fees that they tell me I will likely never see. I will have to keep tabs on that party and if they ever get a windfall of money I'll have to sue the bank for them to transfer the funds to me. It sucks.
I was in the same boat, but for not nearly that same amount of money. After I talked to a lawyer I realized it was going to cost me more to recover the money so it wasn't worth it.
$1.1 million - $100 a/month = $1200 a year, assuming they can even force them to pay that much. Unless the person that lost the case is wealthy, barely any money will be paid to the victim.
They could cal JG Wentworth if they have a structured settlement
Bahahaha
I see. Thank you.