What are the chances of collecting a judgment after winning?

Winning at trial means nothing without collectible defendants or insurance coverage to satisfy judgments. Insurance coverage provides reliable payment sources for judgments within policy limits through statutory obligations. Uninsured defendants require asset investigations determining whether pursuing trials makes economic sense. Corporate defendants typically offer better collection prospects than individuals who might declare bankruptcy. Post-judgment remedies include wage garnishment, bank levies, and property liens requiring additional legal proceedings. Some defendants transfer assets or declare bankruptcy to avoid paying legitimate judgments despite legal victories. Collection challenges make pretrial settlements attractive even at discounts from full trial value. Success includes evaluating collection probability before investing resources in trials against potentially judgment-proof defendants.

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