Post #14619 by albaby1 on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (12)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

I like this one. But how does a judge assess this to give him a break? Is it easier just to say no - then is there an appeal for the bond? At some point when do we go into foreclosure? :)

Got me. I don't litigate - I don't know whether the judge has any power at all to modify the bond requirement, although they probably could fashion an equivalent remedy using their power to stay enforcement of their orders or some other relief.

Once the 30-day period from the entry of the judgment is up, the state can start seizing assets unless something intervenes - like posting a bond (which protects them from seizure) or an order from some court (either the trial court or the appellate court).

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (12)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.