Judgment Creditor

Judgment creditor refers to a party, typically a person or entity, who has won a monetary judgment against a debtor in a court of law. As a result of the judgment, the creditor has the legal right to collect the awarded sum from the debtor, which may involve garnishing wages, seizing assets, or placing liens on the debtor’s property. The judgment creditor holds this status until the full amount of the judgment is satisfied.